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A Cubic Specification for a Short-Run Production Function Is Appropriate  U \text { U }

Question 53

Multiple Choice

A cubic specification for a short-run production function is appropriate when the scatter diagram indicates


A) an S-shaped total product curve.
B) marginal product of labor falls throughout the range of labor usage.
C) total product is decreasing throughout the range of labor usage.
D) an S-shaped marginal product of labor curve.
E) a  U \text { U } -shaped marginal product of labor curve (MP first falls and then rises as labor usage increases.

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