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    Exam 11: Output and Costs
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    The Average Product of Labor Exceeds the Marginal Product of Labor
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The Average Product of Labor Exceeds the Marginal Product of Labor

Question 132

Question 132

Multiple Choice

The average product of labor exceeds the marginal product of labor


A) when the average product of labor is falling.
B) when the average product of labor is rising.
C) when the marginal product of labor is at its maximum.
D) when the average product of labor is at its maximum.

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