Long run average total cost curve | APⓇ Microeconomics | Khan Academy
8:32
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Long run average total cost curve | APⓇ Microeconomics | Khan Academy
The long-run average total cost curve describes how average costs vary when all inputs can be adjusted. It envelopes all of the possible short-run average total cost curves. AP(R) Microeconomics on Khan Academy: Microeconomics is the study of individual decisionmakers in an economy, such as people, households, and firms. Learn how markets work ...
143.7K viewsDec 3, 2018
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