‘Average while marginal product can be.’ Comment.
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Answer:
When Average Product is rising, Marginal Product lies above Average Product
Explanation:
Relationship between Average Product and Marginal Product
We can summarize it as under: When Average Product is rising, Marginal Product lies above Average Product. When Average Product is declining, Marginal Product lies below Average Product.
Answered by
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Explanation:
Relationship between Average Product and Marginal Product
We can summarize it as under: When Average Product is rising, Marginal Product lies above Average Product. When Average Product is declining, Marginal Product lies below Average Product.
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