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Why marginal product curve intersect the average product curve at the maximum?
of average product.
What is relationship between average product and marginal product?
Marginal product is equal to average product when average product is maximumMarginal product determines the behaviour of the Average product. AP rises, reaches maximum and 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
In the short run if marginal product is at its maximum what happens to average cost?
it is at its minimum
What is the average price of a moleskin product?
The average price of a moleskin product ranges from two to ten dollars, depending on the product. Most appear to be used for foot care and are lower in that average.
Why the average product increases but never reaches zero?
why average product labour never gets to zero
Why marginal product curve intersect the average product curve at the maximum?
of average product.
When average product is highest Options Total product is maximum Marginal product is maximum Marginal product is zero Marginal product is negative?
Negative
What is relationship between average product and marginal product?
Marginal product is equal to average product when average product is maximumMarginal product determines the behaviour of the Average product. AP rises, reaches maximum and 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
In the short run if marginal product is at its maximum what happens to average cost?
it is at its minimum
What is the maximum product of -16?
64
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.
The sum of two whole numbers is 33 what is their maximum product?
272 is the maximum possible.
Relationship between Tota Product Marginal Product and Average Product?
Average Product = (Total Product) / (Labor) Marginal Product(2) = (Total Product)(2) - (Total Product)(1)
Two real numbers whose sum is S and whose product is a maximum?
find two positive numbers whose product is a maximum. 1.) the sum is s.
How do you determine the optimal product mix?
Optimal product mix is at that point where net profit from thesales of that product mix is maximum.
Can the average speed ever exceed the maximum speed for a trip?
No, the average speed will always be between the minimum and maximum speeds.
What is the maximum product of two numbers if their sum is 124?
3844
