Multiple Choice
Which of the following is a correct statement about the relationship between average product (AP) and marginal product (MP) ?
A) If MP is declining then AP is negative.
B) If AP is at a maximum, then MP is also.
C) If AP exceeds MP, then AP is falling.
D) If AP = MP, then total product is at a maximum.
Correct Answer:

Verified
Correct Answer:
Verified
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