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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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
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