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    Managerial economics
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    Exam 9: Production and Cost in the Long Run
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    Using the Above Table, Answer the Following Questions
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Using the Above Table, Answer the Following Questions

Question 34

Question 34

Short Answer

Using the above table, answer the following questions.
-At 80 units of output LTC = $_________ and LAC = $_________. Between 60 and 80 units LMC = $_________.

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