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when average product is decreasing, marginal product is?
when price falls
what is comparative advantage
I need someone to do my quizzes it has 24 questions each. There are a total of 11 quizzes
Explain the Kuhn-Tucker Theorem in economics. Kuhn-Tucker Theorem: Assume that x solves the inequality constrained optimization problem and also satisfies the constrained qu
what is the significance of the Loucas critique in political economy?
how to define or interpret ppc curve
An increase in the scale means that all inputs or factors are increased in a given proportion. Increase in the scale thus occurs when all factors or inputs are increased keeping fa
Ask quesThe market demand for brand X has been estimated as Qx = 1,500 - 3Px - 0.05I - 2.5Py + 7.5Pz where Px is the price of brand X, I is per-capita income, Py is the price of
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