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Suppose the Inputs and Outputs for Carbon Credits Are Shown

Question 117

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Suppose the inputs and outputs for Carbon Credits are shown below.
Suppose the inputs and outputs for Carbon Credits are shown below. a)If capital cost $40 per unit and labour costs $12 per unit fill in the blanks in the table above. b)At what output do increasing returns come to an end? c)What is the shape of the LRAC curve? d)Graphically,what would happen to the LRAC curve if the cost of capital dropped to $30 per unit? a)If capital cost $40 per unit and labour costs $12 per unit fill in the blanks in the table above.
b)At what output do increasing returns come to an end?
c)What is the shape of the LRAC curve?
d)Graphically,what would happen to the LRAC curve if the cost of capital dropped to $30 per unit?

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a)
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b)30...

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