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    Exam 23: Competitive Markets
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    Investment Decisions Are Made on the Basis of the Relationship
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Investment Decisions Are Made on the Basis of the Relationship

Question 39

Question 39

Multiple Choice

Investment decisions are made on the basis of the relationship of price to


A) Short-run average total cost.
B) Short-run marginal cost.
C) Long-run fixed cost.
D) Long-run average total cost.

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