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Author Question: A production function: a. shows the relationship between a firm's costs and revenues. b. shows the ... (Read 98 times)

folubunmi

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on: Jun 30, 2018
A production function:
 a. shows the relationship between a firm's costs and revenues.
 b. shows the relationship between production and profits.
 c. shows the relationship between inputs and the maximum output that can be produced from those inputs.
  d. shows the relationship between variable inputs and fixed inputs.

Question 2

Illegal immigrants pay social security tax. Therefore, they receive social security benefits on retirement.
 a. True
  b. False
  Indicate whether the statement is true or false


blakeserpa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


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