Download App

Production and cost — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsProduction and cost1 Mark
Question
Explain how is it possible for marginal product to fall while average product is rising?
✓

Answer

Average product can rise even if marginal product is falling as long as the marginal product is higher than the average product.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer The Following Questions In One Sentence.[1 Marks Each]" from Production and cost→Production and cost — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

What is the shape of TR curve under perfect competition?
→
Give the formula of money multiplier.
→
Categorize the following items into Revenue and Capital Receipts.
Statement-Financial help from microsoft for the victims of flood affected areas.
→
What is meant by effective demand?
→
Give two examples of capital receipts.
→
How does fall in Total Product affect marginal output?
→
What are transfer payments?
→
When total expenditure = ₹ 63 lakh, revenue receipts = ₹ 27 lakh, capital receipts = ₹ 44 lakh, capital receipts net of borrowings = ₹ 22 lakh, then fiscal deficit will be ₹ 14 lakh. (True/ False)
→
Is it possible, that Aggregate Demand will continue to rise even beyond the level of full employment?
→
Categorize the following items into Revenue and Capital Receipts.

Statement-Fees of a Government College.

→