Figure 12-1 -Refer to Figure 12-1.Suppose the Production Function Shifts from TP1

question 173

Multiple Choice

Figure 12-1
-Refer to Figure 12-1.Suppose the production function shifts from TP1 to TP2.Such a shift in the total product curve is most likely due to an increase in the firm's

• A) costs of production.
• B) productivity.
• C) product price.
• D) market share.

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