Suppose that the minimum level of short-run average cost was the same for every possible plant size.

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Suppose that the minimum level of short-run average cost was the same for every possible plant size. What would that tell you about the shapes of the long-run average and long-run marginal cost curves?
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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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