Economics 9708 · AS & A Level · Factors of production

Factors of production — practice question

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

  • A[IMAGE:9708_s19_qp_32_p7_diagram_5]
  • B[IMAGE:9708_s19_qp_32_p7_diagram_4]
  • C[IMAGE:9708_s19_qp_32_p7_diagram_3]
  • D[IMAGE:9708_s19_qp_32_p7_diagram_2]

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