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    Economics Study Set 8
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    Exam 11: Production and Cost Analysis I
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    Refer to the Following Graph
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Refer to the Following Graph

Question 43

Question 43

Multiple Choice

Refer to the following graph. Refer to the following graph.   The marginal product and average product curves: A) are A and B, respectively. B) are B and A, respectively. C) could be either A or B. D) are not drawn properly. The marginal product and average product curves:


A) are A and B, respectively.
B) are B and A, respectively.
C) could be either A or B.
D) are not drawn properly.

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