Choose the correct statement.
A)When marginal product of labour is greater than average product of labour and marginal product is either increasing or decreasing average product of labour is increasing.
B)When total product is increasing average product of labour and marginal product of labour are both increasing.
C)When marginal product of labour is greater than or equal to average product of labour,average product of labour is increasing.
D)When marginal product of labour is increasing,average product of labour is greater than marginal product of labour.
E)When total product is increasing,average product of labour is decreasing and marginal product of labour is increasing.

Question

Quizplus · Accepted Answer

The Answer of Choose the correct statement.
A)When marginal product of labour is greater than average product of labour and marginal product is either increasing or decreasing average product of labour is increasing.
B)When total product is increasing average product of labour and marginal product of labour are both increasing.
C)When marginal product of labour is greater than or equal to average product of labour,average product of labour is increasing.
D)When marginal product of labour is increasing,average product of labour is greater than marginal product of labour.
E)When total product is increasing,average product of labour is decreasing and marginal product of labour is increasing.

Choose the Correct Statement