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5. a. Explain how total product curves and short-run total cost curves change when there is a technological change that increases productivity where that means

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5. a. Explain how total product curves and short-run total cost curves change when there is a technological change that increases productivity where that means that the firm can produce more output with the same level of labour. b. Explain how short-run cost curves change when the price of labour increases. c. Explain how short-run cost curves change when the price of capital increases

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