When the marginal product curve is above the average product curve, ________ as output increases.?

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When the marginal product curve is above the average product curve, ________ as output increases.?

Possible Answers:
-average product decreases
-marginal product increases
-marginal product decreases
-average product increases

2006-11-03 07:58:16 · 3 answers · asked by Josh D 1 in Social Science ➔ Economics

3 answers

Average product increases

Marginal product is how much the next employee will make. If your next employee makes more than the average, the average will go up.

Bumping homework questions onto yahoo answers isn't going to teach you economics or help you on the exam. You have to think through what is going on in each question.

2006-11-03 08:08:33 · answer #1 · answered by GreenManorite 3 · 0⤊ 2⤋

average product increases

2006-11-03 13:43:35 · answer #2 · answered by nim 2 · 0⤊ 0⤋

marginal product increases and average product increases

2006-11-03 08:29:06 · answer #3 · answered by Faisal 2 · 0⤊ 1⤋