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Question #48952

Which of the following is a correct statement about the relationship between average product (AP) and marginal product (MP) ?

Options:

A) If TP is declining, then AP is negative

B) If AP = MP, then total product is at a maximum.

C) If AP exceeds MP then AP is falling

D) If AP is at a maximum, then MP is also,

Answer: Which of the following is a correct statement about the relationship between average product (AP) and marginal product (MP) If AP exceeds MP then AP is falling.

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