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Graphically,the average productivity of labor would be illustrated by the slope of the marginal productivity curve at the relevant point.
Q7: For the equation <span class="ql-formula"
Q13: If Q = K<sup>1/3</sup>L<sup>2</sup> the MP<sub>K</sub> is<br>A)constant<br>B)diminishing<br>C)increasing
Q13: The slope of the production possibility frontier
Q15: A key idea behind the Balanced _
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