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Consider Comparing the Relationship Between Marginal and Average Product APL\mathrm { AP } _ { \mathrm { L } }

Question 54

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Consider comparing the relationship between marginal and average product. When average product neither increases nor decreases in labor because we are at a point at which APL\mathrm { AP } _ { \mathrm { L } } is at a maximum, then marginal product is equal to average product.

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