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When a firm experiences diminishing marginal product, what is the shape of the curve that represents the value of the marginal product of labor? a.
When a firm experiences diminishing marginal product, what is the shape of the curve that represents the value of the marginal product of labor?
a. | downward sloping | |
b. | upward sloping | |
c. | U-shaped | |
d. | vertical |
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