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Author Question: The relationship between inputs used by a firm and output produced is given by the cost function. ... (Read 122 times)

rachel9

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on: Jun 30, 2018
The relationship between inputs used by a firm and output produced is given by the cost function.
  Indicate whether the statement is true or false

Question 2

Each firm under monopolistic competition produces a unique product which does not have a close substitute.
 a. True
  b. False
  Indicate whether the statement is true or false


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Sierray

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

F

Answer to Question 2

False


rachel9

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Reply 2 on: Jun 30, 2018
Excellent

patma1981

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

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