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Author Question: The shape of the costs curves may be traced back to A) the law of diminishing marginal utility. B) ... (Read 61 times)

kshipps

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on: Jun 30, 2018
The shape of the costs curves may be traced back to
 A) the law of diminishing marginal utility.
  B) the difference between the short run and the long run.
  C) the law of diminishing marginal returns.
  D) the fact that all production occurs in the long run.

Question 2

An empty core is more likely if the individuals in a group own highly complementary resources.
  Indicate whether the statement is true or false


memslove

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

F


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