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FIGURE 7-1 -Refer to Figure 7-1.The Marginal Product of Labour Curve Intersects

Question 130

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  FIGURE 7-1 -Refer to Figure 7-1.The marginal product of labour curve intersects the average product of labour curve when A) the firm is at its capacity. B) the firm achieves increasing returns. C) average product is at its maximum. D) diminishing returns sets in. E) total product is at its maximum. FIGURE 7-1
-Refer to Figure 7-1.The marginal product of labour curve intersects the average product of labour curve when


A) the firm is at its capacity.
B) the firm achieves increasing returns.
C) average product is at its maximum.
D) diminishing returns sets in.
E) total product is at its maximum.

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