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Select all that apply With respect to the short run average cost curves, what is true of the long run average cost curve? Multiple select
Select all that apply With respect to the short run average cost curves, what is true of the long run average cost curve? Multiple select question. It equals short run average cost when short run curves use fixed inputs optimally. It equals short run average cost when short run curves use variable inputs optimally. It lies above no point on the short run average cost curves. It lies above every point on the short run average cost curves
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