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Use the Following for Questions 37-43

question 20

Multiple Choice

Use the following for questions 37-43.
Exhibit: Total Product
Use the following for questions 37-43. Exhibit: Total Product    -(Exhibit: Total Product)  As units of labor are hired between quantities L₁ and L₂, _______ is ________ and _______ is ________. A)  total product; falling; marginal product; positive B)  marginal product; zero; total product; falling C)  total product; rising; marginal product; negative D)  None of the above is a true statement.
-(Exhibit: Total Product) As units of labor are hired between quantities L₁ and L₂, _______ is ________ and _______ is ________.

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