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    Microeconomics Study Set 25
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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    If a Firm Has to Increase Output Suddenly to Meet
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If a Firm Has to Increase Output Suddenly to Meet

Question 52

Question 52

True/False

If a firm has to increase output suddenly to meet an increase in demand,its average total cost will decrease in the short run until it has time to add physical capital.

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