Question: 4. Average product in graph (b): a. rises when it is less than marginal product. b. is the change in total product divided by the

4. Average product in graph (b):

a. rises when it is less than marginal product.

b. is the change in total product divided by the change in the quantity of labor.

c. can never exceed marginal product.

d. falls whenever total product in graph

(a) rises at a diminishing rate.

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