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    Microeconomics Study Set 49
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    Exam 6: Inputs and Production Functions
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    Increasing Marginal Returns Occur When the Total Product Function Is
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Increasing Marginal Returns Occur When the Total Product Function Is

Question 33

Question 33

Multiple Choice

Increasing marginal returns occur when the total product function is:


A) decreasing.
B) increasing at a decreasing rate.
C) increasing at a constant rate.
D) Increasing at an increasing rate.

Correct Answer:

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