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Figure 7-2 Shows the Total Product Curve for Different Levels

question 108

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Figure 7-2 shows the total product curve for different levels of a variable input,labor.
Figure 7-2 Figure 7-2 shows the total product curve for different levels of a variable input,labor. Figure 7-2   -When the quantity of labor employed lies between points C and D in Figure 7-2: A) marginal product reaches a maximum. B) average product is rising and reaches a maximum at D. C) total product declines. D) marginal product is falling.
-When the quantity of labor employed lies between points C and D in Figure 7-2:


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