Describe the production function and the Law of Diminishing Marginal Productivity; calculate and graph short-run and long-run costs of production.

1. gdp is calculated by summing consumption, investment, and exports of all final goods and services produced within the borders of a given country during a specific period the dollar value of all final goods and services produced within the borders of a given country during a specific period government expenditures within the borders of a given country during a specific period the quantity of all final goods and services produced within the borders of a given country during a specific period

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Double corporation acquired all of the common stock of simple company for