When total product is diminishing, marginal product is:
A. constant.
B. positive and increasing.
C. positive and decreasing.
D. negative.
Answer: D
Economics
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In monopolistic competition, firms do not have to produce innovative products because they have downward-sloping demand curves
Indicate whether the statement is true or false
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How does a successful movie illustrate self-interested choices that are also in the social interest?
What will be an ideal response?
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How many times has the Fed has changed reserve requirements since 1993?
A) never B) about once a year C) only once D) only twice
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