=+a textbook author (not me!) once told his publisher to produce a graph such as panel (f)
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=+a textbook author (not me!) once told his publisher to produce a graph such as panel
(f) of Graph 13.2 and explained that he wanted the short-run average expenditure curves corresponding to different levels of fixed capital to each be tangent at their lowest point to the U-shaped long-run average
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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