Multiple Choice
For the production function Q = Q(L) ,the average product of labor is given as APL = Q(L) /L.Taking the deriviative with respect to L,we have dAPL/dL = 1/L(dQ/dL - Q/L) ,implying that:
A) when the MPL is equal to the APL,APL is decreasing.
B) when the MPL is greater than the APL,APL is decreasing.
C) when the MPL is greater than the APL,APL is increasing.
D) when the MPL is less than the APL,APL is increasing.
Correct Answer:

Verified
Correct Answer:
Verified
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