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Author Question: Capital saving nonneutral technical progress allows a firm to A) produce more output with the ... (Read 49 times)

HCHenry

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on: Jul 1, 2018
Capital saving nonneutral technical progress allows a firm to
 
  A) produce more output with the same inputs.
  B) use less capital and the same amount of other inputs to produce the same level of output.
  C) use more capital to produce the same level of output.
  D) use less capital and more of other inputs to produce the same level of output.

Question 2

The above figure shows the demand curve for crude oil. If the market price is 10 a barrel, what is the price elasticity of demand?
 
  A) -.02
  B) -1
  C) -10
  D) -500
Microeconomics ¦ Perloff ¦ 8th Edition
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harveenkau8139

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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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HCHenry

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Reply 2 on: Jul 1, 2018
Excellent

xiazhe

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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