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    Microeconomics Study Set 49
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    Exam 8: Cost Curves
  5. Question
    When the Production Function Is Given By\(\mathrm { Q } = \mathrm { L } , \mathrm { TC } = \mathrm { w } - \mathrm { Q } , \mathrm { L } = \mathrm { Q } \text { and } \mathrm { AC } = \mathrm { w }\)
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When the Production Function Is Given By

Question 63

Question 63

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When the production function is given by Q=L,TC=w−Q,L=Q and AC=w\mathrm { Q } = \mathrm { L } , \mathrm { TC } = \mathrm { w } - \mathrm { Q } , \mathrm { L } = \mathrm { Q } \text { and } \mathrm { AC } = \mathrm { w }Q=L,TC=w−Q,L=Q and AC=w .

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