Multiple Choice
Consider a firm in the short run.If AP = MP and both are positive,then total product
A) is decreasing as extra units of the variable factor are employed.
B) is increasing as extra units of the variable factor are employed.
C) is at a maximum.
D) is at its minimum.
E) may be either increasing or decreasing as extra units of the variable factor are employed.
Correct Answer:

Verified
Correct Answer:
Verified
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