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As a firm adds more and more labor, producing more, ( Hint: An increasing rate would mean increasing percentage changes, like 2 percent to
As a firm adds more and more labor, producing more,
Hint: An increasing rate" would mean increasing percentage changes, like percent to percent to percent; "a decreasing rate" would mean decreasing percentage changes, like percent to percent to percent.
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the firm's output rises, but at a decreasing rate
the firm's output falls, but at a decreasing rate
the firm's output falls at an increasing rate
the firm's output falls, but at a decreasing rate
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