Question: Multiple Select Question elect all that apply Vith respect to the short run average cost curves, what is true of the long run average cost

Multiple Select Question
elect all that apply
Vith respect to the short run average cost curves, what is true of the long run average cost curve?
It lies above no point on the short run average cost curves.
It lies above every point on the short run average cost curves.
It equals short run average cost when short run curves use fixed inputs optimally.
It equals short run average cost when short run curves use variable inputs finptimally.
Multiple Select Question elect all that apply

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