A firm produces two products, X and Y. The production technology displays the following costs, where C(i, j) represents the cost of producing i units of X and j units of Y: C(0, 50) = 100 C(5, 0) = 150
C(0, 100) = 210 C(10, 0) = 320
C(5, 50) = 240 C(10, 100) = 500

Required:
Does this production technology display economies of scale?

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer; signaling;