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Refer to the Diagram, Which Relates to Firm X

Question 134

Multiple Choice

Refer to the diagram, which relates to Firm X. Which of the following would illustrate process innovation by X? A) a downward shift in the total product curve from TP₁ to TP₂ B) an upward shift in the total product curve from TP₂ to TP₁ C) a move from a to b on TP₁ D) a move from c to d on TP₂ Refer to the diagram, which relates to Firm X. Which of the following would illustrate process innovation by X?


A) a downward shift in the total product curve from TP₁ to TP₂
B) an upward shift in the total product curve from TP₂ to TP₁
C) a move from a to b on TP₁
D) a move from c to d on TP₂

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