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    Principles of Economics
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    Exam 18: The Markets for the Factors of Production
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    Table 18-3 -Refer to Table 18-3.The Fact That the Marginal Product Falls
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Table 18-3 -Refer to Table 18-3.The Fact That the Marginal Product Falls

Question 19

Question 19

Multiple Choice

Table 18-3
Table 18-3    -Refer to Table 18-3.The fact that the marginal product falls as the number of workers increases exemplifies a property called A) diminishing marginal product. B) utility maximization. C) supply and demand. D) labor theory.
-Refer to Table 18-3.The fact that the marginal product falls as the number of workers increases exemplifies a property called


A) diminishing marginal product.
B) utility maximization.
C) supply and demand.
D) labor theory.

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