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Author Question: New growth theory states that increases in ________ capital will result in ________ at the ________ ... (Read 67 times)

K@

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on: Jun 29, 2018
New growth theory states that increases in ________ capital will result in ________ at the ________ level.
 
  A) physical; decreasing returns to scale; firm
  B) knowledge; increasing returns to scale; economy
  C) knowledge; decreasing returns to scale; economy
  D) knowledge; increasing returns to scale; firm

Question 2

Firms in perfect competition produce the productively efficient output level in the short run and in the long run.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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lolol

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


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