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Draw a short-run production function and explain where the firm will produce along this curve. | Homework.Study.com
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Explain the relationship between a firm's short-run production function and its short-run cost function. Focus on the marginal product of an input and the marginal cost of production. | Homework.Study.com
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Draw a short-run production function: q=f(A,L,K). Show that if some innovation results in higher productivity (A), but not increase in demand of the product, the innovation will reduce employment. Eco | Homework.Study.com
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