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What is the general shape of MP curve and AP curve? - Economics

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Questions

What is the general shape of MP curve and AP curve?

Draw a diagram to show the effect of total product on marginal product of a variable factor when total product reaches its maximum.

Diagram
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Solution

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Chapter 7: Laws of Returns - Returns to a Factor and Returns to Scale - TEST YOURSELF QUESTIONS [Page 131]

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Frank Economics [English] Class 12 ISC
Chapter 7 Laws of Returns - Returns to a Factor and Returns to Scale
TEST YOURSELF QUESTIONS | Q 20. | Page 131
Frank Economics [English] Class 12 ISC
Chapter 7 Laws of Returns - Returns to a Factor and Returns to Scale
TEST YOURSELF QUESTIONS | Q 24. | Page 131
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