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Q. Please explain impact on economy of Government spending on Health care on interest rates, investments, employment and income in economy. Please follow sequence in question. Explain how interrelationships.

Q. Suppose that a firm's only variable input is labour. When 50 workers are used, average product of labour is 50 and marginal product of 50th worker is 75. Wage rate is $80 and total cost of fixed input is $500. Illustrate what is average variable cost?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9306900

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