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Commerce · Q1082

Economics

Graduate and Post Graduate · Commerce · question 1082

Q1082

In the following figure, marginal product reaches its maximum at a level of labour, which as compared to that for average product is

In the following figure, marginal product reaches its maximum at a level of labour, which as compared to that for average product is
Economics mcq question image
A.
higher
B.
lower
Answer
C.
same
D.
not comparable

Answer: Option B

Solution

Answer: Option B
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