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Which of the following is a correct statement about the relationship between average product (AP) and marginal product (MP)?
a) If AP exceeds MP, then AP is falling.
b) If AP is at a maximum, then MP is also.
c) If TP is declining, then AP is negative.
d) If AP = MP, then total product is at a maximum.
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What is the difference between legal and ethical compliance with corporate governance provisions?
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