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Whats Defention of Terms

Question 11

Question 11

Short Answer

Whats defention of terms:
-production in the short run

Correct Answer:

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-mass production

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-product technology

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-production function

Q10: Whats defention of terms:
-production in the long

Q12: Whats defention of terms:
-returns to scale

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-average product of labor

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Q15: Whats defention of terms:
-diminishing marginal productivity

Q16: Whats defention of terms:
-increasing marginal productivity

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