# What is the relationship between marginal product and average product?

# Marginal product is always decreasing the average product is always above the marginal product?

If average product is decreasing then?

# Relationship between Tota Product Marginal Product and Average Product?

Average Product = (Total Product) / (Labor) Marginal Product(2) = (Total Product)(2) - (Total Product)(1)

# What is the relationship between marginal product and marginal cost?

The marginal product curve is 'n' shaped because of the law of diminishing returns. As you add more units of a variable factor, at first, the marginal product rises, (this is …because the fixed factor is under-utilised, so adding more units of the variable factor will increase the output from each additional unit). But after a certain point, the marginal product begins to fall, as the fixed factor input becomes diluted amongst workers and so you get less from each additional unit of the variable factor. For an example, re-read the above paragraph and replace the word variable factor with labour and fixed factor with capital. The marginal cost curve is the inverse of the marginal product curve - hence it is shaped like a 'u' or a 'Nike tick'. This is because if your marginal product is high - then your marginal costs are low. For example, if a firm must pay electricity for the time it takes to produce a unit, if the firm can produce the unit quicker (i.e. has a high marginal product) then the cost of electricity will be lower. Hence the inverse relationship between marginal cost and marginal product.

# What is the relationship between average and marginal productivity?

What is the relationship between average and marginal productivity?

# What is the relationship between marginal physical product MPP and marginal cost MC Provide an examples?

what is the relationship between marginal physical product and marginal cos

# Draw a diagram with marginal product and average productExplain the relationship between marginal product and average product?

Marginal product is any input in the production process is the increase in the quantity of output obtained from on additional unit of the input. Average product is the output… produced when one more unit of the variable factor is employed The relationship is state as: If labour's marginal product is exceed its average product that means labour's average product will be rising. Labour's average product will be falling. If labour's marginal product is less than its average product. If labour's marginal product is equal its average product and the average product will reach the minimum value at the point.

# Relationship between total product marginal product and average product?

Just remember that marginal always leads average. Whatever the marginal product does the average will always do the same soon after.

# What is relationship between average product and marginal product?

Marginal product is equal to average product when average product is maximum .
Marginal product determines the behaviour of the Average product. AP rises, reaches maximum a…nd thereafter falls. .
For all sections that the MP is greater than the AP, the AP rises and MP is below AP, the AP decreases. .
Marginal product reaches maximum at a lower level of employment than does the AP

# What is the relationship between average product and average variable cost?

There is an inverse relationship between the two. The formula forshowing this is AVC=1/APL. Using this formula you will be able tofigure out each one.

# Relationship between marginal and average productivity?

Average and marginal productivity are analytical tools used tomeasure the output of labor in order to evaluate current productionability and improve future capacity. Average p…roductivity is thetotal production involved in a process divided by the number ofvariable unit inputs employed. It is what each employee produces.Marginal productivity is the increase in the rate of output createdby adding one more unit of the input while maintaining the sameconstant inputs.

# What is the distinction between marginal revenue product and marginal revenue?

I'm thinking that marginal revenue product is the marginal revenue on one product, and marginal revenue is the marginal revenue on the whole firm sales... I'm wondering the… same thing but the above response is incorrect. both terms imply values on one item as indicated by the "marginal"

# What is the difference between the marginal product of labor and the marginal revenue product of labor?

moarginal product of labor

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# Why does marginal product cross average product?

Because the Almighty Gaylord Focker wanted it that way. HALLELUJAH!!

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# Relationship between total and marginal product?

Total product is the sum of all marginal products.

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In Definitions

# What is the relationship between productivity and quality?

Example: When you have a high quality raw material, you may have a low defect/reject. This may lead you to have high productivity. Productivity = Output / Input. Raw materi…al is an input which can be transformed into a product (output). By the formula of Productivity, high quality of input (use small amount, less defect or reject) may lead to have high output and result on high productivity.

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# What is the relationship between average cost and average product?

We can think about this problem as both side that is long term and short term. This relation is invers ratio, I mean, If average cost increase, average product should decrease….