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Figure 13-1 -Refer to Figure 13-1. Which of the Following Could Explain

Question 57

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Figure 13-1 Figure 13-1 -Refer to Figure 13-1. Which of the following could explain why the total product curve would shift from TP1 to TP2? A) There is less capital equipment available to the firm. B) Labor skills have become rusty and outdated in the firm. C) The firm has developed improved production technology. D) The firm is now receiving a higher price for its product.
-Refer to Figure 13-1. Which of the following could explain why the total product curve would shift from TP1 to TP2?


A) There is less capital equipment available to the firm.
B) Labor skills have become rusty and outdated in the firm.
C) The firm has developed improved production technology.
D) The firm is now receiving a higher price for its product.

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