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Business, 29.04.2021 18:20 batmandillon21

The minimum possible short-run average costs are equal to long-run average costs when Group of answer choices the long-run curve is at a minimum point. Production is at any point on the SAC curve. Production is at any point on the LAC curve. the plant is producing at its short-run minimum point. short-run and long-run costs are declining.

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