Solved

When the Marginal Product of Labour Is Greater Than the Average

Question 128

Multiple Choice

When the marginal product of labour is greater than the average product of labour,


A) the average product of labour is increasing.
B) the marginal product of labour is increasing.
C) the total product curve is negatively sloped.
D) the firm is experiencing diminishing marginal returns.
E) the firm is experiencing constant returns.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions