The position of the long-run average cost curve is determined
Question # 00259390
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Updated on: 04/21/2016 01:09 PM Due on: 05/21/2016
The position of the long-run average cost curve is determined by a set of circumstances that includes the price of all inputs, quality, and patient case mix. Provide an example of a change that will cause the long-run average cost curve to shift down.
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Solution: The position of the long-run average cost curve is determined