Economics: Principles, Problems, and Policies, 19th Edition

Published by McGraw-Hill Education
ISBN 10: 0073511447
ISBN 13: 978-0-07351-144-3

Chapter 7 - Businesses and the Costs of Production - Quick Quiz for Figure 7.2 - Page 146: 4

Answer

Option: a. rises when it is less than marginal product.

Work Step by Step

From the figure attached, we can see that Average Product rises when/until it is less than Marginal Product.
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