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Figure 7-2 Stage I Stage Stage lli ED > 1 Point of maximum marginal returns Total output Ofunits) Increasing returns Decreasing O Average output, marginal

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Figure 7-2 Stage I Stage Stage lli ED > 1 Point of maximum marginal returns Total output Ofunits) Increasing returns Decreasing O Average output, marginal output (units of output per unit of input) AP Gains from specialization MAP Input _ tur Region of dim ishing returns Which of the following is TRUE about stage

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