Which of the Following Is True of the Typical Relationship

question 3

Multiple Choice

Which of the following is true of the typical relationship between marginal product (MP) and average product (AP) ?

• A)If MP is greater than AP, then AP is falling.
• B)The AP curve intersects the MP curve at minimum MP.
• C)The MP curve intersects the AP curve at maximum AP.
• D)If MP is less than AP, then AP is increasing.

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