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    Microeconomics Study Set 9
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    Exam 20: Production Cost Theory and Decisions of the Firm
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    The Tangency of an Equal-Product Curve and an Equal-Cost Line
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The Tangency of an Equal-Product Curve and an Equal-Cost Line

Question 28

Question 28

True/False

The tangency of an equal-product curve and an equal-cost line determines many points of a firm's total least-cost curve.

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