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Ag Econ Chapter 2 - we sell more goods to mexico and Canada...

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Ag Econ Chapter 2 time management – the idea of cost of time, how much is an hour worth to you to work vs. hangout wheat, beef, labor examples of zero slope if the marginal cost is going to be more than the marginal revenue, you don’t produce rise over run for slope of a line he will tell if it is important or not to remember the sign
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Unformatted text preview: we sell more goods to mexico and Canada than anyone else curvilinear function no more straight lines, curve to it. We will take a point and find the rise and run of that point and there is the slope of it. isn’t that simple? be careful with the assumptions made to acquire statistics ignore C (GIGO)...
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