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Loraine Loraine
wrote...
Posts: 4563
9 years ago
If the average product of labor curve is rising,
i.   the average variable cost curve is falling.
ii.   the marginal cost curve is definitely falling.
iii.   the marginal product curve has reached its maximum.
A) i and iii
B) i only
C) ii and iii
D) i, ii, and iii
E) ii only
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 169 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
Chimelo46Chimelo46
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Posts: 5641
9 years ago
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9 years ago
Glad to help you, and good luck with your course.
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