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Author Question: The relationship between inputs used by a firm and output produced is given by the cost function. ... (Read 103 times)

rachel9

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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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Answer to Question 1

F

Answer to Question 2

False




rachel9

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


zacnyjessica

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Reply 3 on: Yesterday
Gracias!

 

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