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Author Question: The table in the above figure shows the levels of output resulting from different levels of inputs. ... (Read 69 times)

EAugust

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on: Jul 1, 2018
The table in the above figure shows the levels of output resulting from different levels of inputs. At which level of input are there constant returns to scale?
 
  A) 400-600 units
  B) Constant returns to scale exist throughout all levels of production.
  C) Constant returns to scale do not exist at any level of production.
  D) No firm conclusions can be drawn.

Question 2

In the Cournot model, if the products are differentiated,
 
  A) this reduces the pressure of one firm's decisions on the other.
  B) this increases the pressure of one firm's decisions on the other.
  C) there is no difference between this model and one with homogeneous goods.
  D) marginal costs are necessarily different.
Microeconomics ¦ Perloff ¦ 8th Edition
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14vl19

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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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EAugust

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Reply 2 on: Jul 1, 2018
:D TYSM

Liamb2179

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Reply 3 on: Yesterday
Excellent

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