Explain the main characteristics of indifference curves

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1. Explain the main characteristics of indifference curves

2. Briefly explain two exceptions to the definition of an indifference curve

3. Explain any four uses of indifference curve analysis

4. Analyze six factors that influence the cost behavior of a firm

5. Outline four factors that determine the supply of labour in an economy

6. Explain the difference between 'real' and 'pecuniary' economies of scale of a firm

7. State six assumptions of the marginal productivity theory of wage determination

8. Enumerate six barriers to occupation mobility of labour

9. Explain five causes of the u-shaped long run average cost curves of a firm

10. Summarize six barriers to geographical mobility of labour as a factor of production

Reference no: EM132889560

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