Question
Download Solution PDFIf Average Production is decreasing, then what will be the effect on Marginal Production?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is "It will be less than Average Production".
Key Points
- The marginal product and average product have a close relationship.
- The marginal product will alter the average product with each extra unit, and vice versa. The marginal product will decrease if the average product falls or drops.
- The marginal product, however, will always be negative or zero and be less than the average product.
- The marginal and average productivity will be impacted by changes in each unit of output.
Additional Information
- When the average product is at its highest value, marginal product equals average product.
- When average product declines, marginal product does not rise.
- When the average product is declining, the marginal product will not surpass.
- The marginal product will fall and the average product will always be less than the marginal product.
Last updated on Jul 18, 2025
-> A total of 1,08,22,423 applications have been received for the RRB Group D Exam 2025.
-> The RRB Group D Exam Date will be announced on the official website. It is expected that the Group D Exam will be conducted in August-September 2025.
-> The RRB Group D Admit Card 2025 will be released 4 days before the exam date.
-> The RRB Group D Recruitment 2025 Notification was released for 32438 vacancies of various level 1 posts like Assistant Pointsman, Track Maintainer (Grade-IV), Assistant, S&T, etc.
-> The minimum educational qualification for RRB Group D Recruitment (Level-1 posts) has been updated to have at least a 10th pass, ITI, or an equivalent qualification, or a NAC granted by the NCVT.
-> Check the latest RRB Group D Syllabus 2025, along with Exam Pattern.
-> The selection of the candidates is based on the CBT, Physical Test, and Document Verification.
-> Prepare for the exam with RRB Group D Previous Year Papers.