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In theblong run which of tge following is true? a) the firm can vary its explicit costs but not its implicit costs b) the size
In theblong run which of tge following is true? a) the firm can vary its explicit costs but not its implicit costs b) the size of a firm's physical plant can be changed but tge firm cannot adopt new technology c) toral cost = fixed cost + variable cost d) there are no fixed costs
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