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Author Question: The Coase Theorem implies that _____. a. absent transactions costs, resources will be efficiently ... (Read 88 times)

khang

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on: Jul 1, 2018
The Coase Theorem implies that _____.
 
  a. absent transactions costs, resources will be efficiently allocated
  b. absent transactions costs, resources will be inefficiently allocated
  c. with significant transactions costs, resources will be efficiently allocated
   d. with significant transactions costs, resources will be inefficiently allocated

Question 2

For a linear production function, q = f(L,K) = 4L + 2K, what is the short-run production function given that capital is fixed at = 50?
 
  A) q = 4L + 100
  B) q = 4L + 50
  C) q = 4L
  D) q = 104
Microeconomics ¦ Perloff ¦ 8th Edition
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macagnavarro

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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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khang

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Reply #2 on: Jul 1, 2018
Correct answers!


macagnavarro

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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