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A firm produces good Y with just 2 factors: Capital which is fixed in supply and labour which is variable.
Labour (units)
1
2
3
4
5
6
7
8
9
Total Product (TP) in Units
15
24
30
35
37
38
36
Average Product (AP) in units
Marginal Product
(MP) in units
Most people perceive international public administration to be a set of state structures, institutions, and processes. Opponents of globalization argue that it weakens states, making it difficult for them to sustain social welfare and environmental p..
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How should a business store, access, and distribute data and information about its internal operations and external environment? Please add a reference!!!
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