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    Exam 22: The Firm: Cost and Output Determination
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    Average Physical Product Is Calculated by Dividing Total Product by the
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Average Physical Product Is Calculated by Dividing Total Product by the

Question 276

Question 276

Multiple Choice

Average physical product is calculated by dividing total product by the


A) amount of variable and fixed inputs employed.
B) quantity of the variable input.
C) quantity of the fixed input.
D) production function.

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