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    Microeconomics Study Set 15
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    Exam 7: Technology , Production and Costs
  5. Question
    -Refer to Figure 7-2
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-Refer to Figure 7-2

Question 127

Question 127

Multiple Choice

  -Refer to Figure 7-2. Short run output is maximised at A)  L<sub>1</sub>. B)  L<sub>2</sub>. C)  L<sub>3</sub>. D)  insufficient information to determine
-Refer to Figure 7-2. Short run output is maximised at


A) L1.
B) L2.
C) L3.
D) insufficient information to determine

Correct Answer:

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