1.4. Say that neither labor nor machines are fixed but that there is a 50 percent quick-order...
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1.4. Say that neither labor nor machines are fixed but that there is a 50 percent quick-order premium paid for both workers and machines for their delivery in the short run.
Once you buy them, they cannot be returned, however.
What do your short-run marginal cost and short-run average total cost curves look like?
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