问题
单项选择题
Which of the following most accurately describes the typical relationship between marginal product (MP) and average product (AP) As the quantity of labor increases:()
A. initially, AP < MP, then AP = MP, then AP > MP.
B. initially, AP = MP, then AP > MP.
C. AP is always less than MP.
答案
参考答案:A
解析:
MP intersects the AP minimum from above. MP is initially greater than average product, and then MP and AP intersect. Beyond this intersection, MP is less than AP. (Hint: sketch the curves. )