Question
As more and more of the _____ input is used, the total product curve increases quickly at first because _____ product increases and then more
As more and more of the _____ input is used, the total product curve increases quickly at first because _____ product increases and then more slowly because _____.
a. fixed; average; average product decreases
b. variable; average; average product reaches a maximum
c. variable; marginal; marginal product diminishes
d. fixed; marginal; marginal product reaches a maximum
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Agricultural Economics
Authors: Evan Drummond, John Goodwin
3rd edition
136071929, 978-0136071921
