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Law of Diminishing Marginal Product

When the marg...

Question

When the marginal product falls, the average product __________.

A

also rises

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B

also falls

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C

rises more rapidly

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D

falls more rapidly

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Solution

The correct option is B also falls
If marginal product is less than average product, then average product declines. If marginal product is greater than average product, then average product rises. I
f marginal product is equal to average product, then average product does not change.

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Law of Diminishing Marginal Product

Standard XI Economics

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