Danielle Williams
Jan 9, 2021
State the changes in marginal product when total product increases atdecressingrate
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Answer:
- As the marginal product begins to fall but remains positive, total product continues to increase but at a decreasing rate. As long as the marginal product of a worker is greater than the average product, computed by taking the total product divided by the number of workers, the average product will rise.
AsmussenGJan 9, 2021
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