Figure 13-1
Suppose the production function shifts from TP1 to TP2. 
-Refer to Figure 13-1.Which of the following could explain why the total product curve shifted in this diagram?
A) A reduction in capital equipment available to the firm.
B) Labor skills have become rusty and outdated in the firm.
C) The firm has developed new technology in its production facility.
D) The firm is now receiving a higher price for its product.
Correct Answer:
Verified
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