Hey, Thanks in advance =)
i was wondering; if there is a fall in the interest rates (price of capital) and assuming that this effects only producers; why in the immediate short-run does the AC curve shift downwards however the MC curve stays the same?
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Please help with question about cost curves watch
- Thread Starter
- 17-11-2013 22:45
- 18-11-2013 18:46
What are the cost curves a function of? Your statement only makes sense under strict conditions.