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A reduction in variable production costs shifts the firm's _______ and _______ curves _______ in the short run.
Investing Activities
Transactions involving the purchase and sale of long-term assets and other investments, not relating directly to the entity's usual line of business.
Noncash Investing
Involves transactions that do not directly involve cash but affect the investing activities of a company; for example, acquiring assets through a trade or a note.
Financing Activity
Transactions related to a company’s financing efforts, including issuing debt, obtaining loans, or issuing shares of stock.
Cash Equivalent
Short-term, highly liquid investments that can be easily converted to a known amount of cash.
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