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Marginal product: Multiple Choice may initially increase, then diminishes, and ultimately becomes negative is always greater than average product is always less than average product

Marginal product:

Multiple Choice

  • may initially increase, then diminishes, and ultimately becomes negative
  • is always greater than average product
  • is always less than average product
  • may initially increase, then diminishes, but never becomes negative
  • diminishes at all levels of production

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