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Author Question: Explain why having different marginal rates of substitution is necessary for trade to occur. What ... (Read 36 times)

imowrer

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on: Jul 1, 2018
Explain why having different marginal rates of substitution is necessary for trade to occur.
 
  What will be an ideal response?

Question 2

When a firm produces one unit, the variable cost is 3. When the firm produces two units, the variable cost is 6. What is the marginal cost associated with two units of production?
 
  A) 2
  B) 0.5
  C) 6
  D) 3
Microeconomics ¦ Perloff ¦ 8th Edition
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k2629

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Reply #1 on: Jul 1, 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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imowrer

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Reply #2 on: Jul 1, 2018
Thank you :)


k2629

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Reply #3 on: Jul 1, 2018
Happy to help you


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