Economy, asked by poonamguptalic6842, 11 months ago

When marginal product is below average total product what happens

Answers

Answered by muskansingh22
0
Increasing marginal returns means marginal product is rising and because average product necessarily starts at zero (zero production means zero average product), marginal product lies above average product and causes it to rise, as well. With the onset of decreasing marginal returns, marginal product declines.
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