What is the firms long-run expansion path if it incurs no


The Bouncing Ball Ping Pong Co. sells table tennis sets that consist of two paddles and one net. What is the firm's long-run expansion path if it incurs no costs other than what it pays for paddles and nets, which it buys at market prices? How does its expansion path depend on the relative prices of paddles and nets?

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Econometrics: What is the firms long-run expansion path if it incurs no
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