In a short-run production function before diminishing returns set in, A)Both MP_Land AP_Lwill have positive slopes and MP_Lwill lie above AP_L B)Both MP_Land AP_Lwill have positive slopes and AP_Lwill lie above MP_L C)Both MP_Land AP_Lwill have negative slopes and MP_Lwill lie above AP_L D)Both MP_Land AP_Lwill have negative slopes and AP_Lwill lie above MP_L

Question

Quizplus · Accepted Answer

The Answer is A

In a Short-Run Production Function Before Diminishing Returns Set In