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    Managerial economics
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    Exam 9: Production and Cost in the Long Run
  5. Question
    The Following Graph Shows a Firm's Long-Run Average and Marginal
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The Following Graph Shows a Firm's Long-Run Average and Marginal

Question 6

Question 6

Short Answer

The following graph shows a firm's long-run average and marginal cost curves.
The following graph shows a firm's long-run average and marginal cost curves.    -At 900 units of output ATC = $_________ and MC = $_________.
-At 900 units of output ATC = $_________ and MC = $_________.

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