Which of the following statement is correct?

A) When Marginal Product is greater than Average Product, Average Product is increasing.
B) When Marginal Product is greater than Average Product, Average Product is decreasing.
C) When Marginal Product is greater than Average Product, Average Product is equal to Total Product.
D) When Marginal Product is greater than Average Product, Total Product is increasing at a decreasing rate.


Answer: A

Economics

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