lectur7-page17 - u The best technique to use in the...

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17 17 Organize the Production Process This problem is solved by the price mechanism. u The price of an input normally represents its relative scarcity.
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Unformatted text preview: u The best technique to use in the production process is the one that results in the least cost of production c.p....
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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