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What is the increase in output that results from an increase in all of a firm’s outputs by some proportions? In long run production, a change in output necessitates the what?

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter21: Production And Costs

Section21.3: Production

Problem 1ST

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What is the increase in output that results from an increase in all of a firm’s outputs by some proportions? In long run production, a change in output necessitates the what?

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