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Production Economics : Theory and application Given the following hypothetical data on input ( x) and total Physical Product (TPP) of XYZ corporation. Input (
Production Economics : Theory and application Given the following hypothetical data on input ( x) and total Physical Product (TPP) of XYZ corporation. Input ( X ) Total Average Marginal Physical Physical Physical Product Product Product (TPP ) (APP ) (MPP ) 0 O O NO 3 3 14 3.5 4 24 4 32 4 4 38 3.8 3 12 42 3.5 2 14 44 3.14 44 2.75 O 18 42 2. 33 -1 20 30 1.5 - 6In excel Plot graphically or geometrically all the given and derived data
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