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    5. When marginal production more than average production than elasticity

    Question

    When marginal production more than average production

    than elasticity
    A More than one Correct Answer Incorrect Answer
    B Less than one Correct Answer Incorrect Answer
    C Equal to one Correct Answer Incorrect Answer
    D Equal to zero Correct Answer Incorrect Answer
    E Greater than zero Correct Answer Incorrect Answer

    Solution

    When marginal production more than average production then elasticity is more than one.

    Practice Next
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    Relevant for Exams:

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