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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 7: The Production Process: the Behavior of Profit-Maximizing Firms
  5. Question
    At the Point Where Total Product Is ________, Marginal Product
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At the Point Where Total Product Is ________, Marginal Product

Question 7

Question 7

Multiple Choice

At the point where total product is ________, marginal product is zero, but average product is still positive.


A) maximized
B) minimized
C) zero
D) negative

Correct Answer:

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