Explain the changes in long run average cost curve

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As a kid, you recorded the costs of your Kool-Aid stand and create your long-run average-cost curve. Now you work in a video chip company. Would you expect any similarities IN SHAPE between the kool-aid cost curve and the long-run average cost curve for the chip factory? Would you expect any differences? Question requires specifics.

Reference no: EM1372091

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