=+e. How will your answers on school size, tuition level, and class size change in the long
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=+e. How will your answers on school size, tuition level, and class size change in the long run?
(Hint: You can use the cost function given in equation (13.43) of exercise 13.5 to derive the AC function; just make sure you keep track of the fixed cost of 900!)
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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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