week 3

profilesfarall

  Each of the questions must have at least 200 words per answer.  In addition your answers must prescribe to APA format.. You must submit a cover page, each question in a page by itself, and your references page must be also in a page by itself. must have a minimum of 2 references. no plagiarism!

- Explain why the marginal cost of production must increased if the marginal product of the marginal resource is decreasing.

- Define productivity efficiency and allocative efficiency.  What conditions must be met in order to achieve them?

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