Please complete 8 microeconomics questions on indifference curves,opportunity costs etc as shown below. Do exercise 2 only
Exercise 2 [20 marks] Consider a woman, Jane, who runs a small business providing legal services, in particular she reviews property sale contracts. She charges her clients $10 per contract reviewed. The table below shows some points on her production function relating how many hours she works to the number of contracts reviewed. Hours 0 […]
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