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2. Are the following statements true or false?

a. The average product of labor (APL ) may be increasing even if the marginal product of labor (MPL) is falling.

b. Diminishing marginal returns begin when APL = MPL.

c. If APL is falling then the total product must be decreasing.

d. MPL. is at its maximum when APL = MPL.

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Chika Ilonah
Chika IlonahLv10
28 Sep 2019
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