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    Question

    According to Law of diminishing return, the optimum

    profit will be at the point where:
    A MP>AP Correct Answer Incorrect Answer
    B MP Correct Answer Incorrect Answer
    C MP=AP Correct Answer Incorrect Answer
    D MC=MP Correct Answer Incorrect Answer

    Solution

    According to Law of diminishing return, the optimum profit will be at the point where marginal cost will become equal to marginal product.

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