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Micro economics
Project ID	00423
Project Status	Open
Created On	07 January 22:29:47
End On	09 January 22:29:47 (Expired)
Project Creator	laurab1234 (studying in ) ( 9.5 outof 10 )
Project Type	Essay
Length	Note: This total includes references and bibliography.
Deadline	14 January 2008
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Description	Micro: 1. Illistrate, diagrammatically, the effect on the individual firm and industry of an increase in the level of productivity of all the firms in that industry. {Assyne a perfectly competitive industry abd rgar rge ubdysrrt abd furns were initially in long run equilibrium and that all the firms in the industry have similar cost curves} 2. Outline the effects if the introduction of minimum wage legislation on an industry when: a) Labour is purchased competitivley b) Labour is purchased monopsonistically
Subject	Economics
Level	Undergraduate/Bachelors Degree
Standard Required	2:1
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