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Homework answers / question archive / Consider the long-run production of shirts
Consider the long-run production of shirts. The cost of the indivisible inputs used in the production of shirts is $400 per day. To produce 1 shirt per day, the firm must also spend a total of $5 on other inputs - labor, materials, and other capital. For each additional shirt, the firm incurs the same additional cost of $5.
The long-run average cost for: 100 shirts is $_.
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