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-Refer to Figure 7

Question 30

Multiple Choice

-Refer to Figure 7.2.Which of the following statements is true? A) The curve labeled A represents the AP<sub>L</sub> B) Curves A and B represent short-run production functions C) The curve labeled A represents the MP<sub>L</sub> D) The curve labeled B represents the MP<sub>L</sub>
-Refer to Figure 7.2.Which of the following statements is true?


A) The curve labeled A represents the APL
B) Curves A and B represent short-run production functions
C) The curve labeled A represents the MPL
D) The curve labeled B represents the MPL

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