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A production function has two inputs of production: labor (L) and capital (K). What is the important assumption we made in class about inputs for

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A production function has two inputs of production: labor (L) and capital (K). What is the important assumption we made in class about inputs for the production function in the short run? The firm can change L in the short run but it cannot change K in the short run O The firm cannot change L or K in the short run The firm can change L and K in the short run O The firm cannot change L in the short run but it can change K in the short run Question 34 1 pts below that describes the costs associated with producing a

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