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Discuss the relationship between (i) MP and TP (ii) AP and MP |
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Answer» Solution :(i) RELATIONSHIP between MP and TP :- (i) As LONG as MP is positive and INCREASING, TP increases at an increasing rate. (ii) When MP is positive but decreasing, TP increases at a diminishing rate. (iii) When MP = 0, TP is maximum and constant. (IV) When MP BECOMES negative, TP starts falling.(ii) Relationship between AP and MP :- (i) When MP`gt`AP, AP rises. (ii) When MP = AP, AP is maximum and constant. (iii) When MP`lt`AP, AP falls. |
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