When the Average Product for Labour Exceeds the Marginal Product

question 5

Multiple Choice

When the average product for labour exceeds the marginal product for labour:

• A)average product is decreasing and marginal product is increasing.
• B)average product is increasing and marginal product is increasing.
• C)average product is increasing and marginal product is decreasing.
• D)average product is decreasing and marginal product is decreasing.

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Definitions:

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Rights that aim to guarantee individuals access to basic social and economic necessities, including healthcare, education, and adequate living standards.

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