Example of input substituition

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Reference no: EM1371409

Describe why a change in a firm's total fixed cost of production will shift its average total cost curve, but not its marginal cost curve.

Provide two example of input substituition.

Reference no: EM1371409

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Example of input substituition : Describe why a change in a firm's total fixed cost of production will shift its average total cost curve, but not its marginal cost curve.
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