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picture1_Production Pdf 193121 | Ieo Economics Open 2020


picture2_Production Pdf 193121 | Ieo Economics Open 2020 picture3_Production Pdf 193121 | Ieo Economics Open 2020

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File: Production Pdf 193121 | Ieo Economics Open 2020
Multiple Choice Test All 20 multiple choice questions will be graded (4 raw points for the correct answer, -1 raw point for the incorrect answer, 0 points for no answer) ...

icon picture PDF Filetype PDF | Posted on 06 Feb 2023 | 2 years ago
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...Multiple choice test all questions will be graded raw points for the correct answer point incorrect no choose one in each question country a s production possibility frontier is given by equation x y b statement any same both countries can produce less of good than if want to units together maximum possible amount that they equals approximately opportunity cost producing an additional unit equal between at their ppfs join possibilities ppf about monopoly charges highest price on market non discriminating marginal revenue unlike perfectly competitive rm goal maximise average prot would benet from ability sell lower rst public goods are eciently provided markets type natural free face mask you receive government example national defence outcomes fair equilibrium everyone gets what deserve distribution total surplus consumers and producers depends relative elasticities demand supply pareto ecient presence externalities monopolized quantity produced rise coase theorem result does not apply...
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