Highlight four features of isoquant curves

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Reference no: EM132889311

1. Argue four cases for and fours cases against specialization as a method of production

2. Highlight four features of isoquant curves

3. Enumerate six attributes of money as a medium of exchange

4. Enumerate five sources of external economies of scale

5. Explain the law of variable proportions

6. Enumerate four assumptions underlying the law of variable proportions

7. Identify the sources of diseconomies of scale

8. List three properties of isoquant curves

9. Highlight four salient features of a monopolistic competition market structure

10. Highlight five disadvantages of monopoly market structure

Reference no: EM132889311

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