Multiple Choice
Use the following figure to answer the questions : Figure 7-1 shows the total product curve for different levels of a variable input,labor.
-Refer to Figure 7-1.A firm would choose to operate between points C and D because:
A) marginal product has already reached a maximum.
B) average product is rising over that range.
C) marginal product and average product are positive,but falling.
D) marginal product and average product are rising.
Correct Answer:

Verified
Correct Answer:
Verified
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