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Which of the following statements is correct regarding marginal production and average production? ...

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Question

Accounting

Which of the following statements is correct regarding marginal production and average production?
a.
When total output is at a maximum level, marginal output and average output are also at a maximum level.
b.
When marginal production is less than average production, average production increases.
c.
When marginal output is zero, total output is at its minimum.
d.
When marginal production is greater than average production, average production increases.

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