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Holding all other things constant, when the fixed inputs of production increase, Multiple choice question. average product will decrease, but marginal product will increase. both
Holding all other things constant, when the fixed inputs of production increase,
Multiple choice question.
- average product will decrease, but marginal product will increase.
- both average product and marginal product will increase.
- both average product and marginal product will decrease.
- average product will increase, but marginal product will decrease.
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