Are the following statements correct or incorrect? a) If average product is increasing, marginal product must be
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a) If average product is increasing, marginal product must be less than average product.
b) If marginal product is negative, average product must be negative.
c) If average product is positive, total product must be rising.
d) If total product is increasing, marginal product must also be increasing.
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a Incorrect When we know that is increasing When we know that is de...View the full answer
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