Question
1.Which of the statements about the relationship between marginal product and average product is not correct? Explain the reason for your response in one sentence.
1.Which of the statements about the relationship between marginal product and average product is not correct? Explain the reason for your response in one sentence.
a)when MP > AP, AP is rising
b)when MP > AP, MP is rising
c)when MP = AP, AP is at a maximum
d)when AP < MP, AP is falling
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Puzzle Of Latin American Economic Development
Authors: Patrice Franko
2nd Edition
0742524663, 9780742524668
