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Giving reason, state whether the following statements are true or false (i) AP will increase only when MP increases. (ii) Under diminishing returns to a factor TP continues to increase till MP reaches zero. |
Answer» <html><body><p><br/></p>Solution :(i) False. <a href="https://interviewquestions.tuteehub.com/tag/ap-380277" style="font-weight:bold;" target="_blank" title="Click to know more about AP">AP</a> increases as long as MP is greater than AP. It does not <a href="https://interviewquestions.tuteehub.com/tag/matter-22749" style="font-weight:bold;" target="_blank" title="Click to know more about MATTER">MATTER</a> whether MP is increasing or decreasing.<br/>(<a href="https://interviewquestions.tuteehub.com/tag/ii-1036832" style="font-weight:bold;" target="_blank" title="Click to know more about II">II</a>) <a href="https://interviewquestions.tuteehub.com/tag/true-713260" style="font-weight:bold;" target="_blank" title="Click to know more about TRUE">TRUE</a>. TP increases as long as MP reaches 0. When MP becomes negative, TP starts <a href="https://interviewquestions.tuteehub.com/tag/falling-983241" style="font-weight:bold;" target="_blank" title="Click to know more about FALLING">FALLING</a>.</body></html> | |