The average-marginal rule states that if the marginal magnitude is
A)less than the average magnitude, the average magnitude falls.
B)greater than the average magnitude, the average magnitude falls.
C)rising, the average magnitude is necessarily above it.
D)falling, the average magnitude is necessarily below it.
E)c and d

Question

Quizplus · Accepted Answer

When the marginal magnitude is less than the average magnitude, the average magnitude falls. This is because the addition of a value smaller than the average pulls the average down.

The Average-Marginal Rule States That If the Marginal Magnitude Is