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    Question

    At Stage II of production, the elasticity of production

    is
    A 0 Correct Answer Incorrect Answer
    B E=1 Correct Answer Incorrect Answer
    C 01 Correct Answer Incorrect Answer
    D E<0 Correct Answer Incorrect Answer

    Solution

    In Stage II of production, the elasticity of production (EP) is greater than zero but less than 1.

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