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4. . Discuss the laws of variable proportions and returns to scale in relation to technology and cost curves of firms and
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What happens to consumers’ optimum if all prices and income double? (Hint: what happens to the intercepts of the budget line?)
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The Dean of Students Office of samara University reported that because of strict control over chat smuggling in to the campus, the demand for coffee in swale Café has dramatically increased. How do you justify this report?