If a Firm's Average Product Is Rising, Which Statement Must

question 211

Multiple Choice

If a firm's average product is rising, which statement must be TRUE?

• A) The firm's marginal product is higher than its average product.
• B) The firm's marginal product is rising as well.
• C) The firm's total product is equal to its marginal product.
• D) The firm's marginal product is equal to its average product.

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Definitions:

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An international organization established after World War I under the Treaty of Versailles in 1919, intended to ensure world peace but was ultimately unable to prevent World War II.

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