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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Lecture Notes Chapter 11

Lecture Notes Chapter 11

Q Notes need to be taken from the online lecture videos that are embedded in the iVATs. Late submittals of the lecture notes are not allowed. If the lecture notes are not submitted by the due date students will receive zero points.

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In case of the production function, no factor is found to be remaining constant looking in the long run. As because all the inputs remain variable, the firm bears the opportunity of