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Author Question: Define the production function. Discuss why the production function exhibits diminishing returns. ... (Read 109 times)

charchew

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on: Jun 29, 2018
Define the production function. Discuss why the production function exhibits diminishing returns.
 
  What will be an ideal response?

Question 2

When a country imports a good, the ________ in consumer surplus is ________ the ________ in producer surplus.
 
  A) decrease; larger than; increase
  B) decrease; smaller than; increase
  C) increase; smaller than; decrease
  D) increase; equal to; decrease
  E) increase; larger than; decrease
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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hanadaa

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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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charchew

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

cdmart10

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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