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Author Question: Thomas Malthus (1766-1834) and other Classical economists predicted that the pressure of more and ... (Read 58 times)

urmomsucks

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on: Oct 12, 2022

Question 1

Economists collect and analyze data on output per worker and output per hour of work. What are they trying to measure by doing so?
◦ diminishing marginal returns
◦ the ratio of marginal products of factors
◦ returns to scale
◦ productivity
◦ the principle of substitution

Question 2

Thomas Malthus (1766-1834) and other Classical economists predicted that the pressure of more and more people on the world's limited resources would cause
◦ population decline.
◦ a decline in output per person.
◦ a higher standard of living.
◦ improved productivity.
◦ increasing returns of labour.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by urmomsucks on Oct 12, 2022

KeriJennin

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Reply #1 on: Oct 12, 2022
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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urmomsucks

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Reply 2 on: Oct 12, 2022
Excellent

laurnthompson

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

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