Question: =+f. Suppose that you are initially producing at the intersection of your original isoquant (corresponding to x) and the original ray. If w remained unchanged,

=+f. Suppose that you are initially producing at the intersection of your original isoquant (corresponding to x) and the original ray. If w remained unchanged, where would your (short-run)

expenditure curve fall on your graph with the long-run cost curve?

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