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Ao9 Ao9
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Posts: 1908
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8 years ago
The marginal product of a factor of production
A) always exceeds the average product of that factor input, holding constant the quantities of the other factor inputs.
B) is equal to the amount of additional output that can be produced with one additional unit of that factor input, holding constant the quantities of the other factor inputs.
C) is equal to the amount of additional output that can be produced with one additional unit of each factor input.
D) is equal to the ratio of the amount of that factor of production to the amount of output produced.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 150 times
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GordisGordis
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Posts: 1906
8 years ago
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Ao9 Author
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8 years ago
Solved!!
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8 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
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