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  3. Study Set
    Microeconomics
  4. Exam
    Exam 13: Production Decisions in the Short and Long Run
  5. Question
    If the Rental Rate Increases, We Know That Output and Labor
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If the Rental Rate Increases, We Know That Output and Labor

Question 25

Question 25

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If the rental rate increases, we know that output and labor input will fall in the long run.

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