When Marginal Product Is __________ Average Product,then Average Product Must

question 71

Multiple Choice

When marginal product is __________ average product,then average product must be ______________.

• A)is greater than;increasing
• B)is greater than;decreasing
• C)is less than;increasing
• D)Any of these is possible.

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Definitions:

Self-actualization

A psychological concept referring to an individual achieving their full potential, fulfilling creative abilities, and seeking personal growth.

Social

Relating to society or its organization.

Maslow Hierarchy

A theory of human motivation that ranks human needs in a pyramid structure, from basic physiological needs at the bottom to self-actualization at the top.

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.