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When the Average Product (AP) is maximum, the Marginal Product (MP) is : (Choose the correct alternative)

+2 votes

asked Jul 27, 2018 in Class 12 by kratos

When the Average Product (AP) is maximum, the Marginal Product (MP) is : (Choose the correct alternative)

(a) Equal to AP

(b) Less than AP

(c) More than AP

(d) Can be any one of the above

concept of production
class-12
consumers equilibrium and demand
cbse

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1 Answer

+3 votes

answered Mar 12, 2021 by kratos

Best answer

Correct Option(a) Equal to AP

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