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Suppose a firm is in the short run and can only vary the quantity of labor hired

Economics

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Suppose a firm is in the short run and can only vary the quantity of labor hired. An increase in the cost of labor (w) will O increase the firm's average cost and average variable cost O increase the firm's average variable cost but not the average cost O increase the firm's average cost but not the average variable cost O increase the firm's fixed and average fixed costs