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Exhibit 7-15 Long-Run Average Cost

Question 219

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Exhibit 7-15 Long-run average cost Exhibit 7-15 Long-run average cost -In Exhibit 7-15, short-run average total cost, short-run marginal cost, and long-run average cost are all equal at which level of output per week? A) 500 units. B) 1,000 units. C) 1,500 units. D) 2,000 units.
-In Exhibit 7-15, short-run average total cost, short-run marginal cost, and long-run average cost are all equal at which level of output per week?


A) 500 units.
B) 1,000 units.
C) 1,500 units.
D) 2,000 units.

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