Say that neither labor nor machines are fixed but there is a 50 percent quick-order premium paid

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Say that neither labor nor machines are fixed but there is a 50 percent quick-order premium paid for both workers and machines for their delivery in the short run. Once you buy them, they cannot be returned, however. What do your short-run marginal cost and short-run average total cost curves look like?

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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