1. If the marginal product equals the average product of physicians, then the average product of physicians must be at its peak.. True False

Exploring Economics
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ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter16: The Markets For Labor, Capital, And Land
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1. If the marginal product equals the
average product of physicians, then the
average product of physicians must be at
its peak..
True
False
Transcribed Image Text:1. If the marginal product equals the average product of physicians, then the average product of physicians must be at its peak.. True False
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