Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
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Question
Chapter 54, Problem 7MCQ
To determine
A total product curve when marginal product curve is horizontal
Expert Solution & Answer
Explanation of Solution
A horizontal marginal product curve would indicate that the total product curve is upward-sloping.
Therefore, the correct option is d.
Economics Concept Introduction
Introduction:
A total product curve represents the output which is produced by various variable factor of production with the assumption of other factors are fixed.
Chapter 54 Solutions
Krugman's Economics For The Ap® Course
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