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Author Question: In the short run, at least one factor of production is fixed. This implies that beyond some level of ... (Read 60 times)

mpobi80

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on: Jul 20, 2019
In the short run, at least one factor of production is fixed. This implies that beyond some level of output a firm will:
◦ experience diminishing marginal returns.
◦ "learn by doing."
◦ have a U-shaped long-run average cost curve.
◦ experience increasing marginal returns.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by mpobi80 on Jul 20, 2019

yuyiding

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mpobi80

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Reply 2 on: Jul 20, 2019
Excellent

T4T

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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