Assuming there are no externalities, if a firm produces an output level where the benefits to consumers. the cost to suppliers to produce it, then price is marginal cost.

Q: Discuss various methods of calculating national income.

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A: The objective of the question is to identify which of the given scenarios is not considered a cost…

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Q: 2018 2019 327,096 329,065 b. unemployment change? Instructions: Round your responses to one decimal…

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Q: Y = AK1/3L2/3; Y = 30, K = 10, L = 20. The TPF is A. 1.89 B. 0.89 C. 1.27 D. 1.05

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Q: Explain the various specifications of perfect competition market.

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Q: Blank trade group The major economies in the ________ are China, South Korea, Japan, and Australia.

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Q: production function

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Q: Using the fact, value, and policy model. Give me three facts, values, and policies on why the…

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Q: Price 75 50 25 0 Qd 60 105 Qs 60 40

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