1. Construct correctly the short run cost curves for a firm, identify each curve, and diss the processes at work in the short run. (5 points)

2. Construct correctly the long run cost curves for a firm, identify each curve and region, and explain why firms will be forced to operate in the CRS region of the curve. (5 points)

Question

03-11-2022
Business

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1. Construct correctly the short run cost curves for a firm, identify each curve, and diss the processes at work in the short run. (5 points)

2. Construct correctly the long run cost curves for a firm, identify each curve and region, and explain why firms will be forced to operate in the CRS region of the curve. (5 points)

Sagot :

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