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Above Is a Firm's Average Product of Labor and Marginal

Question 47

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Above is a firm's average product of labor and marginal product of labor curves.The price of labor is $60 per unit.Given this,diminishing returns set in with the A) 3rd unit of labor. B) 6th unit of labor. C) 10th unit of labor. D) 12th unit of labor. E) 14th unit of labor. Above is a firm's average product of labor and marginal product of labor curves.The price of labor is $60 per unit.Given this,diminishing returns set in with the


A) 3rd unit of labor.
B) 6th unit of labor.
C) 10th unit of labor.
D) 12th unit of labor.
E) 14th unit of labor.

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