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What is buget line how it is calculated?
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what is microeconomics in business decision
INFO: Suppose that a firm is currently employing 20 workers,(the only variable input), at a wage rate of $60. The average product of labor is $30, the last worker added 12 units to
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would a rational producer be concerned with the average or marginal product of an input in dec
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What defines the fact that the value of global production has grown by a factor of 4.6, while the value of global production per capita has grown by a factor of 2? The enhance
How to find quantity supplied given just the price
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