average product and
Margunal product is
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Average product of an input at any degree of employment is the aggregate of all marginal products up to that degree. Average and marginal products are often mentioned to as average and marginal returns, accordingly, to the variable input
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⚪Marginal product focuses on the changes between production totals and the quantity of resources.
⚪Average product shows output at a specific level of input.
⚪The peak of the average product curve is the point at which the marginal product curve and average product curve intersect.
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