Indicate how each of the following would shift the (1) marginal- cost curve, (2) average-variable-cost curve, (3) average- fixed-cost curve, and (4) average-total-cost curve of a manufacturing fifirm. In each case specify the direction of the shift.a. A reduction in business property taxes.b. An increase in the nominal wages of production workers.c. A decrease in the price of electricity.d. An increase in insurance rates on plant and equipment.e. An increase in transportation costs.

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