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    Exam 11: Output and Costs
  5. Question
    A Firm's Total Product Curve Shows
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A Firm's Total Product Curve Shows

Question 235

Question 235

Multiple Choice

A firm's total product curve shows


A) that inefficiency is not possible.
B) how the cost of the fixed resources change when output changes.
C) how the amount of output changes when the quantity of labor changes.
D) that in the long run the firm must adjust the quantity of all the resources it employs.

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