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Author Question: The marginal product of the variable input A) is always positive. B) typically falls then rises. ... (Read 93 times)

jilianpiloj

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The marginal product of the variable input
 
  A) is always positive.
  B) typically falls then rises.
  C) is equal to the total product divided by the total amount of the variable input employed.
  D) None of the above

Question 2

The above figure shows the cost curves for a competitive firm. If the market price is 15 per unit, the firm will earn profits of
 
  A) 0.
  B) 4.
  C) 40.
  D) 160.


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jointhecircus

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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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