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-Refer to the Graph Above to Answer This Question

Question 73

Multiple Choice

  -Refer to the graph above to answer this question.Which of the following statements is correct? A) Curve 1 illustrates marginal product while curve 3 illustrates average variable cost. B) Curve 1 illustrates average variable cost while curve 3 illustrates marginal product. C) Curve 1 illustrates average product while curve 3 illustrates average variable cost. D) Curve 2 illustrates marginal product while curve 3 illustrates average variable cost. E) The most productive output is best illustrated by curves 1 and 4.
-Refer to the graph above to answer this question.Which of the following statements is correct?


A) Curve 1 illustrates marginal product while curve 3 illustrates average variable cost.
B) Curve 1 illustrates average variable cost while curve 3 illustrates marginal product.
C) Curve 1 illustrates average product while curve 3 illustrates average variable cost.
D) Curve 2 illustrates marginal product while curve 3 illustrates average variable cost.
E) The most productive output is best illustrated by curves 1 and 4.

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