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13 Dec 2017
13) When the marginal product of labour is greater than the average product of labour, A) the marginal product of labour is increasing. B) the total product curve is negatively sloped. the firm is experiencing diminishing marginal returns. D) the average product of labour is increasing. E) the firm is experiencing constant returns.
13) When the marginal product of labour is greater than the average product of labour, A) the marginal product of labour is increasing. B) the total product curve is negatively sloped. the firm is experiencing diminishing marginal returns. D) the average product of labour is increasing. E) the firm is experiencing constant returns.
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