Question
'If we know the total product figures, we could derive the marginal product figures.Similarly, if we are given the marginal product figures, we could calculate
'If we know the total product figures, we could derive the marginal product figures.Similarly, if we are given the marginal product figures, we could calculate the total product figures.'
Do you agree with this statement?Explain, using a simple numerical example.
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Econometric Analysis Of Cross Section And Panel Data
Authors: Jeffrey M Wooldridge, J M Wooldridge
2nd Edition
0262232588, 9780262232586
