In a Short-Run Production Function Before Diminishing Returns Set In

question 30

Multiple Choice

In a short-run production function before diminishing returns set in, both MPL and APL will have

• A)positive slopes and MPL will lie above APL.
• B)positive slopes and APL will lie above MPL.
• C)negative slopes and MPL will lie above APL.
• D)negative slopes and APL will lie above MPL.

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