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Author Question: Suppose two countries, A and B, are at war with each other. Country A is very wealthy; country B is ... (Read 33 times)

Zulu123

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on: Jul 1, 2018
Suppose two countries, A and B, are at war with each other. Country A is very wealthy; country B is very poor. The XYZ Co produces tanks.
 
  Is XYZ able to set a different price for the tank sold to country A than the price for the tank sold to country B? Explain.

Question 2

Suppose the production of DVD players can be represented by the following production function: q = L0.4K0.4. Which of the following statements is TRUE?
 
  A) The production function has decreasing returns to scale.
  B) The production function has increasing returns to scale.
  C) The production function has constant returns to scale.
  D) Returns to scale vary with the level of output.
Microeconomics ¦ Perloff ¦ 8th Edition
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iman

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Zulu123

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Reply 2 on: Jul 1, 2018
Excellent

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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