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Question
Choose the correct alternative from given options:
The average product curve in the input-output plane, will be ____________.
Options
an 'S' shaped curve
an inverse 'S' shaped curve
a 'U' shaped curve
an inverse 'U' shaped curve
MCQ
Solution
The average product curve in the input-output plane will be an inverse 'U' shaped curve.
Hence, the correct answer is an option an inverse 'U' shaped curve.
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Shapes of Product Curves
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