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Consider a Firm in the Short Run

Question 23

Multiple Choice

Consider a firm in the short run. If the AP curve is rising, then the MP curve


A) must be falling.
B) must lie above the average- product curve over this range and must also be rising.
C) can be either above or below the average- product curve, although it must be rising over the entire range.
D) must lie above the average- product curve over this range.
E) must lie below the average- product curve over this range.

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