Suppose an MC curve falls when output is in the range from 1 unit to 10 units.
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Suppose an MC curve falls when output is in the range from 1 unit to 10 units. Then it flattens out and remains constant over an output range from 10 units to 20 units, after which it rises over a range from 20 units to 30 units. What does the curve’s behavior have to say about the MPP of the variable input?
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