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what can be said about the elasticity of production , assuming the classical production function ,at the output at which:

by | Nov 29, 2023 | economics

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what can be said about the elasticity of production , assuming the classical production function ,at the output at which:

1 MPPis at maximum

2 APP is at maximum

3 MPP is Zero

4 MPP = APP 

5 MPP is negative

6 MPP is less than APP

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