Economy, asked by nsinghnidhi1996, 7 months ago

shape of total product curve is​

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Answered by puneet1230
4

The S-shaped total product curve has economic meaning. At the lower end, where labor and output are low, the curve is convex. Convexity means that as labor is added, the production of TVs is increasing at an increasing rate.

Answered by anmol517125
0

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