Use the Following Figure to Answer the Questions : Figure

question 13

Multiple Choice

Use the following figure to answer the questions : Figure 7-1 shows the total product curve for different levels of a variable input,labor.

-Refer to Figure 7-1.To the left of point B:

• A)marginal product is rising but average product is falling.
• B)marginal product is rising and is above the average product.
• C)marginal product is falling but average product is rising.
• D)total product is increasing at a decreasing rate.