Advertisements
Advertisements
Question
Explain whether the statement is true or false with reasons.
Average product curve and Marginal product curves are 'U-shaped' curves.
Options
True
False
MCQ
True or False
Solution
Average product curve and Marginal product curves are 'U-shaped' curves: This statement is false.
Average product curve and Marginal product curves are 'Inverse U-shaped' curves.
shaalaa.com
Shapes of Product Curves
Is there an error in this question or solution?
