No products in the cart.

Explain the relationship between marginal product …

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Install Now

Explain the relationship between marginal product and average product

Posted by Rajju Dhve 4 years, 8 months ago

CBSE > Class 11 > Economics

2 answers

Khushi Delio 4 years, 8 months ago

When MP>AP ap rises When MP=AP AP minimum When MP<AP ap decreases

0Thank You

Gaurav Seth 4 years, 8 months ago

The marginal product (MP) and average product (AP) initially increase and then decrease due to the operation of the Law of Diminishing Marginal Returns. As long as MP is higher than AP, AP increases. At the highest point of AP, i.e. when AP is at its maximum, MP is equal to AP. When MP becomes lesser than AP, AP also starts to fall. Thereafter, both AP and MP fall, but MP becomes negative and AP remains positive. Also, MP falls at a faster rate as compared to AP.

1Thank You

ANSWER

Related Questions

The word statistics was used first in

Posted by Ishitaa Rajpurohit 1 week, 5 days ago

CBSE > Class 11 > Economics

0 answers

price of a commodity increase by rs 10 per unit resulting demand decreases from 100 unit to 80 unit . if price elasticity of demand is 2 then find out new and old price

Posted by Sivam Das 2 months ago

CBSE > Class 11 > Economics

1 answers

Calculate mode from the following data by using grouping method marks(midvalue) 5 15 25 35 45 55 65 75 no. of students 15 20 25 24 12 31 71 52

Posted by Mahi Jain 2 months ago

CBSE > Class 11 > Economics

0 answers

What are the various sources of secondary data

Posted by Dasi Meghana 2 months ago

CBSE > Class 11 > Economics

3 answers

Unemployment problem in Assam project

Posted by Anupom Pradhan 4 weeks, 1 day ago

CBSE > Class 11 > Economics

1 answers

Why capital denoted by k

Posted by Naina Chaudhary 1 month, 4 weeks ago

CBSE > Class 11 > Economics

1 answers

Write and explain law of variable proportion?

Posted by Shubham Singh 2 months, 1 week ago

CBSE > Class 11 > Economics

2 answers

Calculate the coefficient of correlation between annual growth of national income at current price and the gross domestic saving as percentage of GDP. Also, interpret the result. Q4 Year 2007 2008 2000 2001 2002 2003 2004 2005 2006 2009 Growth 14 17 18 17 16 12 16 11 8 10 of NI K Q5. Saving 24 23 26 27 25 25 23 25 24 23

Posted by Anshika M 4 weeks, 1 day ago

CBSE > Class 11 > Economics

0 answers

Difference between consumer present index wholesale price index

Posted by Aditya Bhai 2 months, 1 week ago

CBSE > Class 11 > Economics

0 answers

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Jaspreet Kaur 1 month, 2 weeks ago

CBSE > Class 11 > Economics