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Author Question: What is the law of diminishing returns? Why does marginal product eventually diminish? What will ... (Read 42 times)

Lobcity

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on: Jun 29, 2018
What is the law of diminishing returns? Why does marginal product eventually diminish?
 
  What will be an ideal response?

Question 2

If a firm is in an antitrust court case being accused of monopolizing a product, the firm would hire an economist to show
 
  A) the cross-price elasticity of demand between the firm's good and another is positive.
  B) the price elasticity of demand for the firm's good is highly inelastic.
  C) the income elasticity of the firm's good is inferior.
  D) the cross-price elasticity of demand between the firm's good and another is negative.
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cdmart10

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Reply #1 on: Jun 29, 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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Lobcity

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

peter

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

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