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If the contribution to output of an additional unit of the variable input exceeds the average contribution of the variable inputs used, the average contribution
If the contribution to output of an additional unit of the variable input exceeds the average contribution of the variable inputs used,
the average contribution must rise.
the average contribution must fall.
the total product will begin to decline.
the average product will be at its minimum.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
