Which statement about average product (AP) and marginal product (MP) is correct?

Correct answer A. If AP exceeds MP, then AP is falling

Explanation

When the marginal unit adds less than the current average, it pulls the average down; so whenever AP is greater than MP, average product is falling.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.