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ECO 365 Week 2 DQ 3 What is average productivity? What is marginal productivity? Explain the relationship between average and marginal productivity. What.

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Presentation on theme: "ECO 365 Week 2 DQ 3 What is average productivity? What is marginal productivity? Explain the relationship between average and marginal productivity. What."— Presentation transcript:

1 ECO 365 Week 2 DQ 3 What is average productivity? What is marginal productivity? Explain the relationship between average and marginal productivity. What would happen to average and marginal productivity if a technological innovation is introduced to the production process? Why do economists say that it is important to "think on the margin?" Check this A+ tutorial guideline at http://www.assignmentcloud.com/ECO-365/ECO- 365-Week-2-DQ-3 For more classes visit http://www.assignmentcloud.com

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