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Q1: Select one: MCq= __W___ MPL TRUE FALSE Q2: Question 2 If MC(q) > AFC(q), AFC is increasing. Select one: TRUE FALSE Q3 Question 3
| Q1: Select one: | MCq= __W___ |
| MPL | |
| TRUE | |
| FALSE | |
| Q2: | |
| Question 2 | |
| If MC(q) > AFC(q), AFC is increasing. | |
| Select one: | |
| TRUE | |
| FALSE | |
| Q3 | |
| Question 3 | |
| The slope of the isocost is defined by the negative of the ratio of input prices. | |
| Select one: | |
| TRUE | |
| FALSE | |
| Q 4 | |
| Question 4 | |
| If an input is being held fixed, this will lead to decreasing returns to scale. | |
| Select one: | |
| TRUE | |
| FALSE |
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Why Nations Fail The Origins Of Power, Prosperity, And Poverty
Authors: Daron Acemoglu, James Robinson
1st Edition
0307719227, 9780307719225
