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Author Question: If we assume that labor is the only variable input, the slope of the short-run ________ curve ... (Read 167 times)

vHAUNG6011

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on: Apr 19, 2019

Question 1

If marginal product is less than average product, then


◦ average product must be increasing.
◦ marginal product must be decreasing.
◦ marginal product must be increasing.
◦ marginal product could either be increasing or decreasing.

Question 2

If we assume that labor is the only variable input, the slope of the short-run ________ curve measures the marginal product of labor.


◦ average product
◦ marginal product
◦ total product
◦ total cost
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by vHAUNG6011 on Apr 19, 2019

SAUXC

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vHAUNG6011

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Reply #2 on: Apr 19, 2019
Thank you!


SAUXC

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Reply #3 on: Apr 19, 2019
Always glad to help...


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