Economy, asked by chetanaysinghal, 1 year ago

Choose
The average product curve in the input-output plane, will be
the correct alternative)
(a) an 's' shaped curve
(b) an inverse "S" shaped curve
c) a 'U' shaped curve
(d) an inverse 'U' shaped curve
P.T.O.

Answers

Answered by kritishjaitely
0

an \: ushape \: curved \:


chetanaysinghal: i think u r wrong
kritishjaitely: so inverse U
Answered by topanswers
2

Correct answer is option (d) an inverse 'U' shaped curve.

More details about the topic:

In the input-output plane, Average Product (AP) curve is in the shape of inverted U.

Similarly, a Marginal product curve shows an inverse  ‘U’ shaped curve.

But, the Average Variable Cost (AVC) curve and the Short run average cost (SAC) curve are U shaped.

Hope it helps.

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