-At point e in the above figure, the marginal product of labor
A) is less than the average product of labor.
B) equals the average product of labor.
C) is greater than the average product of labor.
D) is at its maximum.

Question

-At point e in the above figure, the marginal product of labor
A) is less than the average product of labor. 
B) equals the average product of labor. 
C) is greater than the average product of labor. 
D) is at its maximum.

Quizplus · Accepted Answer

At point e, the marginal product of labor is less than the average product of labor because the marginal product curve is below the average product curve.

-At Point E in the Above Figure, the Marginal Product