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nakungth nakungth
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Posts: 1175
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6 years ago
Use the following two statements to answer this question:
I.   The marginal product of labor is the slope of the line from the origin to the total product curve at that level of labor usage.
II   The average product of labor is the slope of the line that is tangent to the total product curve at that level of labor usage.
A) Both I and II are true.
B) I is true, and II is false.
C) I is false, and II is true.
D) Both I and II are false.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 39 times
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CanihCanih
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Posts: 463
6 years ago
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nakungth Author
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6 years ago
Thanks for your help!!
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Yesterday
this is exactly what I needed
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2 hours ago
Smart ... Thanks!
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