4. When average product (AP) of a factor rises, the marginal product (

1.	4. When average product (AP) of a factor rises, the marginal product (MP) of the factor will be :(A) Greater than AP(B) Equal to AP(C) Less than AP(D) Positive and increasing.
Answer» Explanation: Marginal product remains above an AVERAGE product when AP rises. SIMILARLY, MP remains below AP, in case AP declines. Average product and marginal product become equal at the MAXIMUM AP.

4. When average product (AP) of a factor rises, the marginal product (MP) of the factor will be :(A) Greater than AP(B) Equal to AP(C) Less than AP(D) Positive and increasing.

Answer»

Explanation:

Marginal product remains above an AVERAGE product when AP rises. SIMILARLY, MP remains below AP, in case AP declines. Average product and marginal product become equal at the MAXIMUM AP.

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4. When average product (AP) of a factor rises, the marginal product (MP) of the factor will be :(A) Greater than AP(B) Equal to AP(C) Less than AP(D) Positive and increasing.​

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4. When average product (AP) of a factor rises, the marginal product (MP) of the factor will be :(A) Greater than AP(B) Equal to AP(C) Less than AP(D) Positive and increasing.