what is the general shape of AP curve ????
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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.
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THE SHAPE OF AP CURVE IS SIMILAR TO THE MP CURVE. IT RISES, REACHES MAXIMAX & FALLS DOWN BUT ALWAYS STAYS POSITIVE & NEVER NEGATIVE OR ZERO.
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