In Comparing Long-Run and Short-Run Costs,which of the Following Statements

In comparing long-run and short-run costs,which of the following statements is true at each level of output?

A) long-run total cost is always less than short-run total costs
B) long-run total cost cannot exceed short-run total cost
C) long-run and short-run total costs are equal when fixed costs are large
D) firms usually make decisions about production levels based on long-run costs rather than short-run costs
E) short-run total cost cannot exceed long-run total cost

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