Economy, asked by Anonymous, 4 months ago

define shape of AP curve


ya question 11 ka hai jisa aata hai wo answer doo faltu answer will be reported​

Answers

Answered by sanskarsingh98013416
15

Answer:

The AP curve is inverted-U shaped. It rises (due to increasing marginal returns), reaches its maximum, and then begins to fall (due to decreasing marginal returns). The AP curve slopes upwards as long as the MP curve is above it. AP reaches its maximum point when AP=MP.

Explanation:

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Answered by XxMissteddyxX
11

ᴀɴꜱᴡᴇʀ:-

ɪᴛ ɪꜱ ɪɴᴠᴇʀᴛᴇᴅ-ᴜ ꜱʜᴀᴘᴇᴅ. ɪᴛ ʀɪꜱᴇꜱ (ᴅᴜᴇ ᴛᴏ ɪɴᴄʀᴇᴀꜱɪɴɢ ᴍᴀʀɢɪɴᴀʟ ʀᴇᴛᴜʀɴꜱ), ʀᴇᴀᴄʜᴇꜱ ɪᴛ ᴍᴀxɪᴍᴜᴍ, ᴀɴᴅ ᴛʜᴇɴ ʙᴇɢɪɴ ᴛᴏ ꜰᴀʟʟꜱ (ᴅᴜᴇ ᴛᴏ ᴅᴇᴄʀᴇᴀꜱɪɴɢ ᴍᴀʀɢɪɴᴀʟ ʀᴇᴛᴜʀɴꜱ). ᴛʜᴇ ᴀᴘ ᴄᴜʀᴠᴇ ꜱʟᴏᴠᴇꜱ ᴜᴘᴡᴀʀᴅꜱ ᴀꜱ ʟᴏɴɢ ᴀꜱ ᴛʜᴇ ᴍᴘ ᴄᴜʀᴠᴇ ɪꜱ ᴀʙᴏᴠᴇ ɪᴛ. ᴀᴘ ᴄᴜʀᴠᴇ ʀᴇᴀᴄʜᴇꜱ ɪᴛ'ꜱ ᴍᴀxɪᴍᴜᴍ ᴘᴏɪɴᴛ ᴡʜᴇɴ ᴀᴘ=ᴍᴘ.

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