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Costs are very important not only to us as individual consumers but also to businesses who must control costs in make the desired profit

Costs are very important not only to us as individual consumers, but also to businesses who must control costs in make the desired profit. We should have learned that in this chapter (if we did not already know that). In this discussion answer the following questions (and support your answer(s) What can cause a firm's cost curves to shift up or down? How would a shift of the cost curves affect a firm's profits?

Apr 29 2020 View more View Less

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