What is the cost minimization condition what is the slope
Long Run: What is the cost minimization condition? What is the slope of an isocost? What happens if the price of an input changes? What happens if a firm changes its output level?
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short run what is the cost minimization condition i know usually this involves a graph so if you could include one with
long run what is the cost minimization condition what is the slope of an isocost what happens if the price of an input
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