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Author Question: Which of the following is (are) the typical assumption(s) used in the study of mutually beneficial ... (Read 71 times)

washai

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on: Jul 1, 2018
Which of the following is (are) the typical assumption(s) used in the study of mutually beneficial trades?
 
  A) Each agent maximizes her utility.
  B) Agents have convex-shaped indifference curves.
  C) An agent's utility is not interdependent of the other agents' utilities.
  D) All of the above.

Question 2

Suppose the short-run production function is q = 10  L. If the wage rate is 10 per unit of labor, then MC equals
 
  A) q.
  B) q/10.
  C) 10/q.
  D) 1.
Microeconomics ¦ Perloff ¦ 8th Edition
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kaillie

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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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washai

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

cdmart10

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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