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Which of the following is FALSE? A. In the longrun, both the amount of capital and labor used by the firm can be changed. B.

Which of the following is FALSE?

A.

In the longrun, both the amount of capital and labor used by the firm can be changed.

B.

Longrun average variable costs equal longrun average total costs.

C.

Fixed costs increase in the long run.

D.

In the longrun, the firm has no fixed inputs.

E.

As a firm produces moreoutput, eventually it experiences diseconomies of scale.

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