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Business, 28.12.2019 04:31 hhvgbv49551

Suppose the long-run cost function is c = 3q. what is the cost-output elasticity for this case?

a. 1/3
b. 3
c. 2
d. 1

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Suppose the long-run cost function is c = 3q. what is the cost-output elasticity for this case?
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