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Author Question: The key to reaching a Pareto optimum through mutually beneficial exchange _____. a. is to remove ... (Read 117 times)

magmichele12

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on: Jul 1, 2018
The key to reaching a Pareto optimum through mutually beneficial exchange _____.
 
  a. is to remove barriers to international trade
  b. is to establish property rights for valuable resources
  c. is to provide start-up capital to fledgling entrepreneurs
   d. is to encourage people to use online auction services

Question 2

If the marginal productivity of labor is constant for all levels of output, then the average productivity of labor
 
  A) is constant.
  B) equals the marginal productivity of labor.
  C) Both A and B above.
  D) Either A or B above but not both.


cici

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

C


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