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    Microeconomics Study Set 23
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    Exam 7: The Cost of Production
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    The Cost-Output Elasticity Can Be Written and Calculated As
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The Cost-Output Elasticity Can Be Written and Calculated As

Question 152

Question 152

Multiple Choice

The cost-output elasticity can be written and calculated as:


A) MC/AC.
B) AC/MC.
C) (AC) (MC) .
D) (AC) 2(MC) .
E) (AC) (MC) 2.

Correct Answer:

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