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hcraik2 hcraik2
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The point of diminishing marginal productivity is the point where

▸ the marginal product curve lies below the average product curve.

▸ average product has reached its maximum.

▸ the total product begins to fall.

▸ marginal product has reached its maximum.

▸ the marginal product begins to fall at an increasing rate.
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Microeconomics

Microeconomics


Edition: 17th
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someonespecialsomeonespecial
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