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  • The Slopes of The Product Curve

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    Gerald Louie Bernabe
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    As labor is increased, output increases until it reaches the maximum output of 112. As labor is decreased, output decreases until the maximum output is reached.

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    The Slopes of the Product Curve

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    As labor is increased, output increases until it reaches the maximum output of 112. As labor is decreased, output decreases until the maximum output is reached.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views1 page

    The Slopes of The Product Curve

    Uploaded by

    Gerald Louie Bernabe
    As labor is increased, output increases until it reaches the maximum output of 112. As labor is decreased, output decreases until the maximum output is reached.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    The Slopes of the Product Curve

    Figure 6.1 plots the information contained in Table 6.1. (Wehave connected all the points in the figure with solid lines.) Figure 6.ICa)shows that as labor is increased, output increases until it reaches the maximum output of 112;thereafter, it falls.

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