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Commerce · Q1259

Economics

Graduate and Post Graduate · Commerce · question 1259

Q1259

In a diagram below is shown the total product curve OA of labour. For it which of the following statements is true-

In a diagram below is shown the total product curve OA of labour. For it which of the following statements is true-
Economics mcq question image
A.
the MP of labour always rises
B.
first rises and then falls
Answer
C.
always declines
D.
first falls and then rises

Answer: Option B

Solution

Answer: Option B
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