7. A fixed input a. never changes. b. is a long-run phenomenon. c. does not change with...

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7. A fixed input

a. never changes.

b. is a long-run phenomenon.

c. does not change with the output level in the short run.

d. causes marginal cost to fall as it is increased.

e. causes marginal cost to rise as it is increased.

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Krugmans Economics For AP

ISBN: 9781464122187

2nd Edition

Authors: Margaret Ray, David Anderson

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Question Posted: Oct 03, 2024 06:02 AM

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7. A fixed input a. never changes. b. is a long-run phenomenon. c. does not change with...

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Krugmans Economics For AP

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