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question 321

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Use the following to answer questions :
Figure: Change in the Total Product Use the following to answer questions : Figure: Change in the Total Product   -(Figure: Change in the Total Product) Use Figure: Change in the Total Product.Which choice is a likely cause of the shift in production function from TP<sub>1</sub> to TP<sub>2</sub>? A)  Workers in the firm are less productive on average. B)  The firm employed more of a variable input in the short run. C)  Available technology has decreased. D)  The firm employed more of a fixed input in the long run.
-(Figure: Change in the Total Product) Use Figure: Change in the Total Product.Which choice is a likely cause of the shift in production function from TP1 to TP2?


Definitions:

Nishiki-E

A type of multi-colored Japanese woodblock printing; known for its richly colored images and complex production process, primarily used in Ukiyo-e.

Brocade Pictures

Artworks that resemble or incorporate brocade, a type of richly decorative woven fabric, often to achieve a textured or luxurious effect.

Showa

A period in Japanese history corresponding to the reign of Emperor Hirohito (1926-1989), marked by significant changes including World War II.

Muromachi

A period in Japanese history, spanning from approximately 1336 to 1573, known for its cultural achievements, including ink painting, the tea ceremony, and the development of the Zen garden.

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