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Which of the following statement about the firm's short run production cost is FALSE: A.If marginal product exceeds average product, then average product is increasing.

Which of the following statement about the firm's short run production cost is FALSE:

A.If marginal product exceeds average product, then average product is increasing.

B.If marginal product is less than average product, then average product is decreasing.

C.If marginal product equals average product, then average product is at its maximum.

D.Average product is the change in total product that results from a one-unit increase in the quantity of labor employed.

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