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Suppose a firm has the production technology shown below for Goods 1 and 2 and respond to the following with rationale.
a. Does Good 1 indicate economies of scale?
b. Does Good 2 indicate economies of scale?
c. Do the two goods indicate economies of scope?
Good 1 Good 2 Both
Q1 Cost Q1 Cost Q1 Q2 Cost
10 50 10 60 10 10 100
20 100 20 100 20 20 180
30 150 30 130 30 30 250
in the table below individual demand schedules for tex dex and rex are shown in addition to total market demand.a.
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Total soft drink demand increased, and Pepsi took a larger share of the demand. Why is the equilibrium of this game different from that of a prisoners' dilemma?
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suppose that the reserve requirement is 10 percent and the balance sheet of the peoples national bank looks like the
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