In the graph, while MP is above AP, Marginal and average product curves. MP is 10, 14, 15, 13, 8, 6, 4, 0 and −7 for the 1st to 9th labourer. AP is 10, 12, 13, 13, 12, 11, 10, 8.75 and 7. The curves meet at K, where 4 labourers give MP = AP = 13.

Production Function: TP, MP and AP · Question 17 of 62

In the graph, while MP is above AP,

Question 17

MediumOriginal question

In the graph, while MP is above AP,

Marginal and average product curves. MP is 10, 14, 15, 13, 8, 6, 4, 0 and −7 for the 1st to 9th labourer. AP is 10, 12, 13, 13, 12, 11, 10, 8.75 and 7. The curves meet at K, where 4 labourers give MP = AP = 13.

AP is risingCorrect answerYour answerAP is fallingCorrect answerYour answerAP is constantCorrect answerYour answerTP is fallingCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

From 1 to 3 workers, MP (14, 15) is above AP, and AP rises from 10 to 13.
An extra worker who adds more than the average pulls the average up.

Concept: MP above AP
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsTotal, marginal and average product

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In the graph, while MP is above AP,

Question 17

Explanation