Illustrate what distinguishes two approaches

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Q. If price of capital is $24, price of labour is $15 and marginal product of capital is 16, least costly combination of capital and labour requires that marginal product of labour be?


Q. Both antitrust policy and industrial regulation deal with monopoly. Illustrate what distinguishes two approaches? Explain how does government decide to use one form of regulation rather than or?

 

Reference no: EM1371039

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