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Using the basic Economic concepts answer the questions below.
Explain based on the Economic concepts the reason why college students choose to study.
Macroeconomics, Economics
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Question - A firm has two variable factors and a production function, f(x 1 , x 2 ) = x 1 ½ x 2 ¼ . The price of its output is 4. Factor 1 receives a wage of w 1 and factor 2 receives a wage of w 2 . (a) Write an equatio ...
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