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Question: Question 23 Average product will fall above marginal product when the a) fourth b) sixth c) seventh d) eigth worker is hired. Question 24 The maximum loss a firm should experience in the short run is equal to: a) zero b) total costs c) total variable costs d) total fixed costs
Question 23 Average product will fall above marginal product when the a) fourth b) sixth c) seventh d) eigth worker is hired. Question 24 The maximum loss a firm should experience in the short run is equal to: a) zero b) total costs c) total variable costs d) total fixed costs
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