1.

Which of the following is a correct statement about the relationship between average product (AP) and marginal product (MP) ?

A. If TP is declining, then AP is negative
B. If AP = MP, then total product is at a maximum.
C. If AP exceeds MP then AP is falling
D. If AP is at a maximum, then MP is also,
Answer» D. If AP is at a maximum, then MP is also,


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