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Use the Following to Answer Question(s)

Question 33

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Use the following to answer question(s) :
Exhibit: Supply: Short and Long Run
Use the following to answer question(s) :  Exhibit: Supply: Short and Long Run    -(Exhibit: Supply: Short and Long Run)  S<sub>1</sub> is a short-run supply curve and is the _______ of individual firms' _______ . A)  sum; average total costs B)  sum; marginal cost curves C)  average; marginal cost D)  market average; total costs
-(Exhibit: Supply: Short and Long Run) S1 is a short-run supply curve and is the _______ of individual firms' _______ .


A) sum; average total costs
B) sum; marginal cost curves
C) average; marginal cost
D) market average; total costs

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