lectur9-page23

Lectur9-page23 - value of output = $231.64 value of fuel = 12.0 X $.71 = $8.52 EEfuel = $231.64 $8.52 = 27.19

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What can we say about economic efficiency of corn producers over time? Economic efficiency of fuel in 1987,
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Unformatted text preview: value of output = $231.64 value of fuel = 12.0 X $ .71 = $8.52 EEfuel = $231.64 / $8.52 = 27.19...
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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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