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Ec0n 528 final exam - Study guides, Class notes & Summaries

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EC0N 528 FINAL EXAM - University of Louisiana, Lafayette

  • EC0N 528 FINAL EXAM - University of Louisiana, Lafayette

  • Exam (elaborations) • 15 pages • 2021
  • Question 1 Incorrect Mark 0.00 out of 1.00 Question 2 Incorrect Mark 0.00 out of 1.00 Started on Monday, 8 October 2018, 10:05 PM State Finished Completed on Monday, 8 October 2018, 10:51 PM Time taken 45 mins 58 secs Marks 15.00/20.00 Grade 7.50 out of 10.00 (75%) The law of diminishing marginal returns states that increases in the variable input reduce the total product. Select one: True False The correct answer is 'False'. We should use relatively more labor if we learn that the marginal pr...
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EC0N 528 FINAL EXAM - University of Louisiana, Lafayette

  • EC0N 528 FINAL EXAM - University of Louisiana, Lafayette

  • Exam (elaborations) • 15 pages • 2021
  • Question 1 Incorrect Mark 0.00 out of 1.00 Question 2 Incorrect Mark 0.00 out of 1.00 Started on Monday, 8 October 2018, 10:05 PM State Finished Completed on Monday, 8 October 2018, 10:51 PM Time taken 45 mins 58 secs Marks 15.00/20.00 Grade 7.50 out of 10.00 (75%) The law of diminishing marginal returns states that increases in the variable input reduce the total product. Select one: True False The correct answer is 'False'. We should use relatively more labor if we learn that the marginal pr...
    (0)
  • $14.49
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