Mathematics, 23.07.2020 21:01 kerarucker12pe384k
If the marginal product of labor is lower than the average product of labor, which of the following must be true?
The marginal product is increasing.
The firm is operating inefficiently.
The average product of labor will decrease.
The total product will decrease.
The total product will increase.
Answers: 3
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If the marginal product of labor is lower than the average product of labor, which of the following...
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