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    Microeconomics Study Set 49
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    Exam 8: Cost Curves
  5. Question
    When the Price of All Inputs Increase by the Same
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When the Price of All Inputs Increase by the Same

Question 23

Question 23

True/False

When the price of all inputs increase by the same percentage, the firm's total cost curve will remain unchanged since the cost-minimizing combination of inputs is unchanged.

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