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    Managerial Economics Study Set 4
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    Exam 7: The Theory and Estimation of Cost Appendices 7A,7B,and 7C
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    In Estimating Short-Run Cost Functions,one Must Adjust for
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In Estimating Short-Run Cost Functions,one Must Adjust for

Question 53

Question 53

Multiple Choice

In estimating short-run cost functions,one must adjust for


A) price level changes.
B) accounting procedure changes.
C) product heterogeneity.
D) All of the above

Correct Answer:

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