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    Exam 11: Output and Costs
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    When the Marginal Product Equals the Average Product, the
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When the Marginal Product Equals the Average Product, the

Question 72

Question 72

Multiple Choice

When the marginal product equals the average product, the


A) average product curve is downward sloping.
B) average product curve is upward sloping.
C) marginal product is at its maximum.
D) average product is at its maximum.

Correct Answer:

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