How do cost-saving innovations affect economic profit in the short run? In the long run?
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How do cost-saving innovations affect economic profit in the short run? In the long run?
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Costsaving innovations can have different effects on economic profit in the short run and the long run In the Short Run Immediate Increase in Economic ...View the full answer
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Related Book For 
Principles Of Microeconomics
ISBN: 9780073517858
6th Edition
Authors: Robert Frank, Ben Bernanke, Kate Antonovics, Ori Heffetz
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