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    Principles of Microeconomics
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    Exam 7: The Production Process: the Behavior of Profit-Maximizing Firms
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    If the First Worker Produces Five Custom Picture Frames a Day
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If the First Worker Produces Five Custom Picture Frames a Day

Question 215

Question 215

True/False

If the first worker produces five custom picture frames a day, and the second worker produces five additional custom picture frames a day, it is clear that diminishing marginal returns have not yet set in.

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