=+f. Suppose that you are initially producing at the intersection of your original isoquant (corresponding to x)

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=+f. Suppose that you are initially producing at the intersection of your original isoquant (corresponding to x) and the original ray. If w remained unchanged, where would your (short-run)

expenditure curve fall on your graph with the long-run cost curve?

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 04, 2024 09:00 AM

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=+f. Suppose that you are initially producing at the intersection of your original isoquant (corresponding to x)

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Microeconomics An Intuitive Approach With Calculus

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