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Refer to Figure 7

question 33

Multiple Choice

Refer to Figure 7.2.Which of the following statements is true? Refer to Figure 7.2.Which of the following statements is true?   A)  The curve labeled A represents the AP<sub>L</sub>. B)  Curves A and B represent short-run production functions. C)  The curve labeled A represents the MP<sub>L</sub>. D)  The curve labeled B represents the MP<sub>L</sub>.


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