Equilibrium in a competitive industry Suppose you are given the following information about a particular industry:
October 12, 2020
Suppose that the population of a certain class of mutual funds has an average rate of return of 8.0% with a standard deviation of 3.
October 12, 2020
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Explain the difference between fixed-production technology and variable technology.

 Explain the difference between fixed-production technology and variable technology. Should the government set a goal of reducing the marginal social cost of pollution to zero in industries with-fixed production technology? should they do that in industries with variable technology? 


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