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Answer all the question d. Graph the TPP, APP and MPP curves, labeling the axes. (5 pts) e. What are the phenomena that is happening

Answer all the question

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d. Graph the TPP, APP and MPP curves, labeling the axes. (5 pts) e. What are the phenomena that is happening to give the TPP and MPP curves their shape. Describe these in detail. In addition, circle and label where each is illustrated on the graph in 1C. (6 pts) f. Comment on the profitable range of production process. (2 pts)

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