Use the following to answer questions :
Figure: Change in the Total Product
-(Figure: Change in the Total Product) Use Figure: Change in the Total Product.As indicated by the change in a production function from TP₁ to TP₂,the marginal product of labour curve has:

Question

Use the following to answer questions :
Figure: Change in the Total Product

-(Figure: Change in the Total Product) Use Figure: Change in the Total Product.As indicated by the change in a production function from TP₁ to TP₂,the marginal product of labour curve has:

Quizplus · Accepted Answer

The upward shift in the production function from TP₁ to TP₂ indicates that the marginal product of labor curve has shifted upward.

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