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    Microeconomics Theory and Applications Study Set 2
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    Exam 7: Production
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    When Marginal Product Is Decreasing
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When Marginal Product Is Decreasing

Question 32

Question 32

Multiple Choice

When marginal product is decreasing:


A) average product must also be decreasing.
B) total product is decreasing.
C) total product is increasing at a decreasing rate.
D) marginal product must be greater than average product.

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