Question

Explain the relationship between MP and AP.

Answer 1

Relationship between AP and MP is stated below:
(i) AP increases when MP is greater than AP.
(ii) AP is maximum when both MP and AP are equal.
(iii) AP decreases when MP is less than AP.
(iv) AP continues to be positive even when MP is zero or negative.
(v) AP may rise even when MP falls but lies above AP.