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Refer to the Short-Run Production and Cost Data

Question 329

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Refer to the short-run production and cost data. In Figure A curve (1) is A) total product and curve (2) is average product. B) total product and curve (2) is marginal product. C) average product and curve (2) is marginal product. D) marginal product and curve (2) is average product. Refer to the short-run production and cost data. In Figure A curve (1) is


A) total product and curve (2) is average product.
B) total product and curve (2) is marginal product.
C) average product and curve (2) is marginal product.
D) marginal product and curve (2) is average product.

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