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Unformatted text preview: Homework #5 A Microeconomic Critique of the War on Drugs Lecture 6: The Production Process: The Behavior of Profit-Maximizing Firms Economic Thought on Land Value Taxation Notes on Isoquants, Isocosts and the Memo on Land Value Taxation Homework #6 Lecture 7: Short-Run Costs and Output Decisions Why does a Firm Maximize its Profit where Marginal Revenue equals Marginal Cost? Homework #7 Lecture 8: Costs and Output Decisions in the Long Run Notes on the Zero Profit Result Homework #8 Review for the Final Exam Page 3...
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This note was uploaded on 12/29/2011 for the course ECO 311 taught by Professor Willis during the Fall '10 term at SUNY Stony Brook.
- Fall '10