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Q. Conversion on long-run production returns to scale also the corresponding long-run average cost concept of economies of scale.
Please provide responses to the subsequent questions:A industry experiences increasing returns to scale; that is, doubling all its inputs more than doubles its output. Illustrate what can be inferred about the industry's short-run costs?Carefully explain the difference between diseconomies of scale also diminishing returns.
Q. Graphically, Elucidate how Illustrate what occurs to demand for L1 when w2 increases. Illustrate the scale also substitution effects
The constant rate no before the one child policy; after the introduction population growth drops to the constant rate n1 analyze the effect of this policy.
For each values for the MPC, determine the size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease.
Can this model explain the fact that unilateral divorce law increased the divorce rate temporarily.
How macroeconomic equilibrium does an economy achieve. Elucidate what affect does a high level of inflation have on macroeconomic equilibrium.
Illustrate what changes in the Ants' resources do we see through the film. Are the Grasshoppers commercial talent and they are just annoying.
Illustrate what the assignment should include. The bureau of labor statistics reported that in the second quarter of 2008 the working age population.
Explain the process of how that movement occurred using behaviors of consumers and suppliers. Graph the movement between the two points as well.
Elucidate how should Microsoft market long distance telephone services in the new wireless telecommunications devices which also include Internet portals.
Illustrate would be the effect on D' of decreasing the variable cost per unit by 25% if the fixed costs thereby increased by 10%.
What is the new equilibrium price and output in the short run for both the industry and each firm.
The income tax is unfair to those who work hard to earn their incomes is an example of positive economic analysis.
Which of the following possibilities is consistent with the property of diminishing marginal product.
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