Econ., Acc., And Man For Jntu

Econ., Acc., And Man For Jntu

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4.2(c) When AC is Constant, MC Coincides with AC Costs in the Long-run Long- run refers to that period of time over which all factors are variable. The firm ... The long-run average cost curve (LAC) is flat U-shaped curve enveloping a seriesanbsp;...

Title:Econ., Acc., And Man For Jntu
Publisher:Tata McGraw-Hill Education - 2006-04-01


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