18. If the average product of labor is rising as more workers are hired, then a. the...

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18. If the average product of labor is rising as more workers are hired, then

a. the marginal product of labor must be rising.

b. the marginal product of labor must be falling.

c. the marginal product of labor must be higher than the average product of labor.

d. the average total cost must be rising.

e. the marginal cost must be falling.

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Krugmans Economics For AP

ISBN: 9781464122187

2nd Edition

Authors: Margaret Ray, David Anderson

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Question Posted: Oct 03, 2024 06:02 AM

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18. If the average product of labor is rising as more workers are hired, then a. the...

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Krugmans Economics For AP

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