IBDP Economics
"The ultimate purpose of economics is to understand and promote the enhancement of well-being."
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Wednesday, January 17, 2018
G12 - Week 19 - Day 2
In-class work
Costs of production PPT
At-home work
Exercises 1-11 (p. 153 and 158)
The law of diminishing marginal returns
Understanding relationships between total, average, and marginal product
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