9 In problem 5, Rubber Dinghies buys a second plant and now the total product of each

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9 In problem 5, Rubber Dinghies buys a second plant and now the total product of each quantity of labour doubles. The total fixed cost of operating each plant is $1,000 a week. The wage rate is $400 a week.

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Economics

ISBN: 9781503632943

5th Edition

Authors: Douglas McTaggart, McTaggart Findlay & Parkin, Christopher Findlay, Michael Parkin

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