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  3. Study Set
    Microeconomics Study Set 15
  4. Exam
    Exam 7: Technology , Production and Costs
  5. Question
    -Refer to Figure 7-3
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-Refer to Figure 7-3

Question 224

Question 224

Multiple Choice

  -Refer to Figure 7-3. For what quantity of labour does production display diminishing returns? A)  for more than 1 unit of labour B)  for more than 4 units of labour C)  for more than 5 units of labour D)  for more than 8 units of labour
-Refer to Figure 7-3. For what quantity of labour does production display diminishing returns?


A) for more than 1 unit of labour
B) for more than 4 units of labour
C) for more than 5 units of labour
D) for more than 8 units of labour

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