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Author Question: In defining a firm's long-run average cost curve, (Read 74 times)

heatherbabydoll1

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on: Oct 12, 2022
In defining a firm's long-run average cost curve,
◦ factor prices are held constant and the quantity of factors of production used is varied.
◦ factor prices are varied and the quantity of factors of production is held constant.
◦ factor prices are held constant and technology is assumed to change.
◦ the time period must be longer than one year.
◦ technology, factor prices, and the quantity of factors of production are all varied.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by heatherbabydoll1 on Oct 12, 2022

breounasmoot

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Reply #1 on: Oct 12, 2022
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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heatherbabydoll1

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

tuate

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Reply 3 on: Yesterday
Excellent

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