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Answers are reduced equalized maximized or minimized By choosing a point along the total physical product curve, physical output is Quantity y Outputs Output =

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Answers are reduced equalized maximized or minimized

image text in transcribed
By choosing a point along the total physical product curve, physical output is Quantity y Outputs Output = A * f {Land, Labor, Capital, Technology, Entrepreneurship} where A represents the productivity of resources. Quantity Inputs reduced

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