Its marginal costs are below total average costs

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Q1. Illustrate what is the product delivered by an additional unit of labor called?

Q2. If you were having a conversation with a Keynesian also a Classical economist also the conversation turned to why the economy is experiencing high unemployment also Illustrate what the government should do about it, Elucidate how would economist unemployment also illustrate what policies would each advocate?

Q3. A watch manufacturer finds which at 1000 units of output; its marginal costs are below total average costs. If it creates an additional watch where its average total costs rise -fall or stay the same?

Reference no: EM1315147

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