Explain the relationship among average product marginal product and total product
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Answered by
11
Heya....
Total product...
It is the sum total of output produced by all variable factors along with some fixed factors....
Marginal Product...
It is the change in total product when one more output is produced ...
Average product...
It is the output produced at per unit of variable factor...
"" The formulas of these three shows the relationship among them...
-- Total product = sum of MP
- Marginal Product = TPn - TP n-1
-- Average product = TP/ L
-- Be Brainly...
Total product...
It is the sum total of output produced by all variable factors along with some fixed factors....
Marginal Product...
It is the change in total product when one more output is produced ...
Average product...
It is the output produced at per unit of variable factor...
"" The formulas of these three shows the relationship among them...
-- Total product = sum of MP
- Marginal Product = TPn - TP n-1
-- Average product = TP/ L
-- Be Brainly...
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0
Answer:
MP is equal to 0
Explanation:
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