As more and more of the _____ input is used, the total product curve increases quickly at
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Question:
As more and more of the _____ input is used, the total product curve increases quickly at first because _____ product increases and then more slowly because _____.
a. fixed; average; average product decreases
b. variable; average; average product reaches a maximum
c. variable; marginal; marginal product diminishes
d. fixed; marginal; marginal product reaches a maximum
Expert Answer:
The detailed answer for the above question is provided below The correct answer is c variable margin... View the full answer
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