A firm making roller blades estimates that whenever it doubles labour, capital and all other inputs in the long run, its output also doubles. Assuming input prices do not increase or decrease as the firm expands, what will the firm's long- run average total cost curve look like?

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The Answer of A firm making roller blades estimates that whenever it doubles labour, capital and all other inputs in the long run, its output also doubles. Assuming input prices do not increase or decrease as the firm expands, what will the firm's long- run average total cost curve look like?

A Firm Making Roller Blades Estimates That Whenever It Doubles