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AP Microeconomics
Unit 3 – Production, Cost, and the Perfect Competition Model
Topic 3.1
Unit 3 – Production, Cost, and the Perfect Competition Model
3.1 The Production Function
mixed difficulty
What happens to total product when marginal product becomes negative?
Total product increases at an increasing rate.
Total product remains constant.
Total product increases at a decreasing rate.
Total product decreases.
Study guides (1)
AP Microeconomics - 3.1 The Production Function
Key terms
Total Product
Marginal Product
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