Which of the Following Statements Is True of the Relationship

question 52

Multiple Choice

Which of the following statements is true of the relationship between marginal product and average product of labor?

• A)When the marginal product of labor is decreasing,the average product of labor must also be decreasing.
• B)When the average product of labor is increasing,the marginal product of labor must also be increasing.
• C)When the marginal and average products of labor are equal,the marginal product is at its minimum.
• D)When the average product of labor is decreasing,average product must be greater than marginal product.

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