how can we derive long run marginal cost curve of a frim
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The long-run marginal cost curve can be directly derived from the long-run total cost curve, since the long-run marginal cost at a level of output is given by the slope of the total cost curve at the point corresponding to that level of output
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3
Answer:
The long-run marginal cost curve can be directly derived from the long-run total cost curve, since the long-run marginal cost at a level of output is given by the slope of the total cost curve at the point corresponding to that level of output.
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