Asked/Added Questions From NCERT:

Question 1. Asked on :30 August 2019:06:44:16 PM

 Write the relationship between Average Product (AP) and Marginal Product (MP) ?

-Added by anjali thakur Economics » Relation Between Production Function


Nishant Verma
Marginal product focuses on the changes between production totals and the quantity of resources.Average product shows output at a specific level ofinput. ... The marginal product (MP) curve crosses the average product (AP) curve at the point where the average product curve is at a maximum.

-Answered by Nishant Verma On 02 September 2019:10:25:03 AM


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