Question

explain the difference between average product and marginal? with the help of diagram​

Answer 1

Answer:

Explanation:

Difference between marginal product and average product

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.

Answer 2

Answer:

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.For the points below (to the left of) this point, the marginal product of the extra input is higher than the average product.