Economics 9708 · AS & A Level · Factors of production

Factors of production — practice question

Which diagram accurately illustrates the link between the average product (AP) and the marginal product (MP) of labour, assuming the quantities of all other factor inputs stay unchanged?

  • A[IMAGE:9708_s11_qp_31_p4_diagram_3]
  • B[IMAGE:9708_s11_qp_31_p4_diagram_2]
  • CDiagram C (product on vertical axis, labour on horizontal axis; MP below AP then crosses)
  • D[IMAGE:9708_s11_qp_31_p4_diagram_4]

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