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Title: Which of the following is NOT true when the firm experiences diminishing marginal product?
Post by: thanhha78 on Aug 28, 2017
Which of the following is NOT true when the firm experiences diminishing marginal product?
A) The firm is operating in the short run.
B) The firm's total cost is increasing.
C) The total product is decreasing.
D) The marginal product of the previous worker is higher than the current worker.


Title: Re: Which of the following is NOT true when the firm experiences diminishing marginal product?
Post by: trumpetsoflife on Aug 28, 2017
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