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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1395083
Introduction to Economics 1 Deneme Sınavı Sorusu #1395083
When total product of labor is an increasing function at an increasing rate, which of the following is true?
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Marginal product of labor takes the negative values. |
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Marginal product of labor is a decreasing function. |
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Average product of labor is a decreasing function. |
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Average product of labor is higher than the marginal product of labor. |
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Marginal product of labor is an increasing function. |
Yanıt Açıklaması:
When total product of labor is an increasing function at an increasing rate, marginal product of labor is an increasing function and higher than the average product of labor.
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