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Question Practice

What is true about the average product (AP) of labor?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Production And Costs
Question Bank

What is true about the average...

Single Answer MCQ
Q-00089400

What is true about the average product (AP) of labor?

1

AP is always equal to the MPL

2

AP can exceed the MPL when output is low

3

AP never decreases while MPL is increasing

4

AP is always less than total product

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Q4.

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