With a Technological Change That Increases Productivity, the Average Product

question 431

Multiple Choice

With a technological change that increases productivity, the average product curve ________ and the marginal product curve ________.

• A) shifts upward; is unchanged
• B) is unchanged; is unchanged
• C) is unchanged; shifts upward
• D) shifts upward; shifts upward

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Definitions:

Discovery Process

A pre-trial procedure in a lawsuit in which each party, through the law of civil procedure, can obtain evidence from the other party or parties by means of discovery devices such as interrogatories, requests for production of documents, and depositions.

Lawsuit

A legal action taken by one party against another in a court of law, seeking a legal remedy or damages.

Bicycle

A human-powered, pedal-driven vehicle with two wheels attached to a frame, one behind the other.

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