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Author Question: All of the following are true, except a. Bubbles are prices that cannot be explained by normal ... (Read 70 times)

charchew

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All of the following are true, except
 a. Bubbles are prices that cannot be explained by normal economic forces
  b. Many economists don't think bubbles exist
  c. Many economists have a clear idea about how to model bubbles
  d. All of the above are true

Question 2

A ____ total cost function implies that marginal costs ____ as output is increased.
 a. linear; increase linearly
  b. quadratic; increase linearly
  c. cubic; increase linearly
  d. a and b
  e. none of the above



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nekcihc358

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Answer to Question 1

c

Answer to Question 2

b




charchew

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Reply 2 on: Jul 1, 2018
Excellent


yeungji

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

 

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