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    Microeconomics Study Set 2
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    Exam 11: Technology, Production, and Costs
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    Which of the Following Can a Firm Do in the Long
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Which of the Following Can a Firm Do in the Long

Question 138

Question 138

Multiple Choice

Which of the following can a firm do in the long run but not in the short run?


A) decrease the size of its physical plant
B) reduce its rate of output by laying off workers
C) increase its variable costs
D) increase its use of raw materials

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