Question

(B) SHUM
1.
Discuss the relationship between TP, AP and MP with the help of table and diagram.
What is meant by increasing returns to a factor? What are the causes for it?
2.
its types ?​

Answer 1

Answer:

When TP is maximum, MP is Zero. When TP begins to decline, MP becomes negative. When MP > AP, this means that AP is rising. When MP = AP, this means that AP is maximum.