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Economics (AS & A Level) · Feb / March 2022 · Paper 32 · Question 16

9708Types of cost, revenue and profit, short-run and long-run production

Which diagram correctly shows the relationship between the average product (AP) and the marginal product (MP) of labour, given that the quantities of other factor inputs remain constant?

  1. ADiagram A
  2. BDiagram B
  3. CDiagram C
  4. DDiagram D

As printed in the paper

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Correct answer: B. Diagram B

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