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When the Marginal Product of Labour Is Less Than the Average

Question 53

Multiple Choice

When the marginal product of labour is less than the average product of labour,


A) the average product of labour is increasing.
B) the marginal product of labour is increasing.
C) the total product curve is negatively sloped.
D) the firm is experiencing diminishing marginal returns.
E) the average product of labour is at its maximum.

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