Economy, asked by pateltarun739, 5 hours ago

write the relation between total physical product and marginal physical product​

Answers

Answered by ambikayadav23
1

Total Product is simply the output or the total goods produced by all workers. Meanwhile, the marginal product is the additional unit of product.

Answered by singhtrisha386
2

Answer:

The law of variable proportions is used to explain the relationship between Total Product and Marginal Product. ... 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.

Explanation:

i hope u understand

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