Question
When the marginal product of labour is greater than the average product of labour, A) the average product of labour is increasing. B) the firm
When the marginal product of labour is greater than the average product of labour, A) the average product of labour is increasing.
B) the firm is experiencing constant returns.
C) the total product curve is negatively sloped.
D) the firm is experiencing diminishing marginal returns. E) the marginal product of labour is increasing.
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Financial Accounting
Authors: C Thomas,
12th Edition
007760086X, 9780077600860
