What are ridge lines? What is the relevance of these lines in theory of production? Explain the… 1 answer below »


What are ridge lines? What is the junction of these lines in system of product? Explain the concept of “Learning Curve”? What is its fashion? What is the contact of erudition on downward sloping “LAC” incurvation? 7½ How does a value ceiling by the government aff ect the agent rest and consumer rest?