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The figure shows the cost curves for Phil's Phone Repair, a cell phone repair firm. If Phil increases his workers' wages, ________ curve(s) will shift
The figure shows the cost curves for Phil's Phone Repair, a cell phone repair firm. If Phil increases his workers' wages, ________ curve(s) will shift ________. Question 6 options: only the MC; upward the MC, ATC and AVC; upward only the AVC; upward the MC, AVC and ATC; downward as production falls
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