Which of the following is true of the typical relationship between mar

Which of the following is true of the typical relationship between marginal product (MP) and average product (AP)?

A) If MP is greater than AP, then AP is falling.
B) The AP curve intersects the MP curve at minimum MP.
C) The MP curve intersects the AP curve at maximum AP.
D) If MP is less than AP, then AP is increasing.

 

ANSWER

C

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