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Which of the following is true about production cost as a pricing constraint? of O a. In the long run, a firm's costs set a

Which of the following is true about production cost as a pricing constraint? of O a. In the long run, a firm's costs set a ceiling over its price." b. In the short run, a firm's price must cover all the costs of producing a product. c. Covering the firm's costs does not affect pricing the product at all. d. In the long run, a firm's costs set a floor under its price

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