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Production and cost — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsProduction and cost1 Mark
Question
The average product curve in the input-output plane, will be __________ (Choose the correct alternative)
  1. An ‘S’ shaped curve.
  2. An inverse ‘S’ shaped curve.
  3. A ‘U’ shaped curve.
  4. An inverse ‘U’ shaped curve.
✓

Answer

  1. An inverse ‘U’ shaped curve

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