Question

Choose appropriate answer: When average product is decreasing… a) Marginal product is decreasing b) Marginal product...

Choose appropriate answer:

When average product is decreasing…
a) Marginal product is decreasing
b) Marginal product is increasing
c) Marginal product equals zero
d) Average product is increasing

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Answer #1

When average product is decreasing

a) Marginal product is decreasing

Average product curve is the depiction of level of output at a specific unit of input. On the other hand, marginal product curve shows th change in output when input increases by one unit. The marginal product curve intersects the the average product curve at the maximum of the average product curve. Marginal product is increasing when average product increases. Marginal product decreases when average product decreases.

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