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

By: |Published on: May 23|Categories: Economics WAEC| 0 comments

A. average product is maximum
B. Average product is minimum
C. Marginal Product is maximum
D. Marginal Product is increasing

Correct Answer: Option D

D. Marginal Product is increasing

Users Also Read These:

SEE ALSO  The major role of NDIC is to?

Copyright warnings! Do not copy.