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The Following Graph Shows a Firm's Long-Run Average and Marginal

Question 48

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The following graph shows a firm's long-run average and marginal cost curves.
The following graph shows a firm's long-run average and marginal cost curves.    -At any output less than 900, _________ is higher than _________. At any output greater than 900, _________ is higher than _________.
-At any output less than 900, _________ is higher than _________. At any output greater than 900, _________ is higher than _________.

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