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A completely competitive firm faces a market price of $10 for its output X. It owns two plants, A and B, whose total costs are
TCa = 10+2x + .25X2 TCb = 15 +.4X + .1X2
what are the instruments variable of marrise''s model?
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a) The production-possibilities curve is? b) If there is a shortage in the provider of a product, we can conclude that its price: c) An enhance in supply and a
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