234 Mankiw – Chapter 13 SOLUTIONS TO TEXT PROBLEMS: Quick Quizzes 1. Farmer McDonald’s opportunity cost is $300, consisting of 10 hours of lessons at $20 an hour
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284 ˜ Chapter 15/Monopoly 4. a. Figure 5 illustrates the market for groceries when there are many competing supermarkets with constant marginal cost.
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About the Author N. Gregory Mankiw is Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and MIT.
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ECON 200 Basic Economic Issues Summer Session I, 2006 Instructor: Joseph Cullen McClelland Hall #401 Email: firstname.lastname@example.org Office Hours: MTWR 1:30PM – 2:30PM
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