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slide 1 Long-run costs LONG-RUN COSTS In the long-run there are no fixed inputs, and therefore no fixed costs. All costs are variable. Another way to.
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1 of 16 Principles of Microeconomics: Econ102. does not refer to a specific period of time, but rather are general or broad periods of time that coexist!!
PART FOUR Resource Markets. Chapter 10: Wage Determination.
