The relationship between Marginal Product (MP) and Average Product (AP) is such that they are…

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Economics WAEC 2009

The relationship between Marginal Product (MP) and Average Product (AP) is such that they are equal when

  • average product is maximum
  • Average product is minimum
  • Marginal Product is maximum
  • Marginal Product is increasing checkmark

The correct answer is: D

Explanation

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