Figure 7-1 shows the total product curve for different levels of a variable input,labor.
Figure 7-1
-Refer to Figure 7-1.To the left of point B:
A)marginal product is rising but average product is falling.
B)marginal product is rising and is above the average product.
C)marginal product is falling but average product is rising.
D)total product is increasing at a decreasing rate.

Question

Figure 7-1 shows the total product curve for different levels of a variable input,labor.
Figure 7-1 
-Refer to Figure 7-1.To the left of point B:
A)marginal product is rising but average product is falling. 
B)marginal product is rising and is above the average product. 
C)marginal product is falling but average product is rising. 
D)total product is increasing at a decreasing rate.

Quizplus · Accepted Answer

To the left of point B, the marginal product is rising and is above the average product, indicating that each additional unit of input is adding more to the total product than the average, thus increasing the average product.

Figure 7-1 Shows the Total Product Curve for Different Levels