ECON 2001.01 Final: ECON 2001.01 Final Exam 2 2015 Spring

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ECON 2001.01 Full Course Notes
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ECON 2001.01 Full Course Notes
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Us e t he di agr a 1bel ow f or t hi s ques t i on . Qv n i y{ uni per d yl. I n t he f l gwe above, cu e( 3i s t he cur ve . \: aver age f l xed cos t: er age v i l e cos t. " m : whi ch of t he f o ovong s t at ement s i s co ect . /subs i dy pr ogr ams encour age f amer s t o pr oduce mor e . R deman cei l i ng c s uppl y; n r d s uppl y; ce i ng. Us e t l s di agr am f or t he next ques t i on . L ar ge t he pr i ce of good x .

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