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In order to minimize the cost of producing a given level of output, a firm manager should use more of an input when O The

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In order to minimize the cost of producing a given level of output, a firm manager should use more of an input when O The price of other inputs falls Its price remains the same O Its price rises O Its price falls Question 8 1 pts Fixed costs exist only in O Capital intensive markets O The long run O The short run Labor intensive markets

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