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    Principles of Economics
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    Exam 13: The Costs of Production
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    Table 13-10 Consider the Following Table of Long-Run Total Cost for Four
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Table 13-10 Consider the Following Table of Long-Run Total Cost for Four

Question 19

Question 19

Multiple Choice

Table 13-10
Consider the following table of long-run total cost for four different firms
Table 13-10 Consider the following table of long-run total cost for four different firms    -Refer to Table 13-10.Which firm's long-run marginal cost decreases as output increases? A) Firm 1 B) Firm 2 C) Firm 3 D) Firm 4
-Refer to Table 13-10.Which firm's long-run marginal cost decreases as output increases?


A) Firm 1
B) Firm 2
C) Firm 3
D) Firm 4

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