Which of the following statements best describes the rela...
Which of the following statements best describes the relationship between average product and marginal products?
Marginal product and average product curves rise and falls together
Marginal product equals average product at the minimum point of the latter
Average product curve will rise as product is greater than average product
Marginal product at the maximum point of the fomer
Correct answer is B
No explanation has been provided for this answer.
The money which government spends yearly for the maintenance of its school is ...
Which of the following factor is not important in deciding the location of an industry? ...
Producers operating in a free market economy are more efficient as a result of ...
The value of the multiplier depends on ...
If a country imposes a barrier on trade, the resultant effect will be ________ ...
The difference between gross national product and net national product is equal to ...
Which of the following is excluded when making national income? ...