Question

2. Are the following statements True or False and explain.

a. When the marginal product is increasing the average product must also be increasing.

b. If the average product is increasing, marginal product must be less than the average product.

c. If total product is increasing, marginal product must also be increasing.

d. If the marginal product is negative, average product must also be negative.

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Answer 1

Explanatin:-

A. When the marginal product is increasing the average product must also be increasing;

True

Explanation: AP always increase during increasing returns

B. If the average product is increasing, marginal product must be less than the average product;

False.

Explanation: Higher MP is required to make AP rise

C. If total product is increasing, marginal product must also be increasing;

False

Explanation: During diminishing returns, MP > 0 but falls

D. If the marginal product is negative, average product must also be negative;

False.

Explanation: Negative MP makes TP fall but TP stays as a positive quantity which implies positive AP

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