Question

The shape of the Total Physical Product short run is ​

Answer 1

Answer:

The total product (TP) curve represents the total amount of output that a firm can produce with a given amount of labor. As the amount of labor changes, total output changes. The total product curve is a short-run curve, meaning that technology and all inputs except labor are held constant.

Explanation:

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Answer 2

Answer:

The total product (TP) curve represents the total amount of output that a firm can produce with a given amount of labor. As the amount of labor changes, total output changes. The total product curve is a short-run curve, meaning that technology and all inputs except labor are held constant.