Economy, asked by peden95, 7 months ago

what will be the behavior of total product when marginal product of variable input is falling but is positive​

Answers

Answered by lalankumar99395
5

Explanation:

When the Marginal Product (MP) increases, the Total Product is also increasing at an increasing rate. This gives the Total product curve a convex shape in the beginning as variable factor inputs increase. ... When the MP declines but remains positive, the Total Product is increasing but at a decreasing rate..........

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