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Technical progress will a. shift a firms production function and its related cost curves. b. not affect the production function, but may shift cost curves.
Technical progress will a. shift a firms production function and its related cost curves. b. not affect the production function, but may shift cost curves. c. shift a firms production function and alter its marginal revenue curve. d. shift a firms production function and cause more capital (and less labor) to be hired.
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