Economy, asked by joshimohit366, 7 months ago

What is the general shape of the AP curve? ​

Answers

Answered by BrainyWay
4
The AP curve is inverted-U shaped.
Answered by Poonam01
2

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.

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