If a fixed input price decrease, what happens in the short run and the long run price

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If a fixed input price decrease, what happens in the short run and the long run price of fixed input decreases?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Question Posted: Aug 26, 2013 05:11 AM

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If a fixed input price decrease, what happens in the short run and the long run price

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Fixed inputs exist only in the short run In long run all inputs are ...View the full answer

Exploring Economics

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