"Marginal Product cuts the Average Product from its top". Do you agree with the given statement?

"Marginal Product cuts the Average Product from its top". Do you agree

1.	"Marginal Product cuts the Average Product from its top". Do you agree with the given statement?
Answer» <html><body><p></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/yes-749457" style="font-weight:bold;" target="_blank" title="Click to know more about YES">YES</a>, I agree with the <a href="https://interviewquestions.tuteehub.com/tag/given-473447" style="font-weight:bold;" target="_blank" title="Click to know more about GIVEN">GIVEN</a> statement. It happens because when Average Product (AP) rises, Marginal Product (MP) is more than AP. When AP <a href="https://interviewquestions.tuteehub.com/tag/falls-983294" style="font-weight:bold;" target="_blank" title="Click to know more about FALLS">FALLS</a>, MP is less than AP. So, MP <a href="https://interviewquestions.tuteehub.com/tag/cuts-942304" style="font-weight:bold;" target="_blank" title="Click to know more about CUTS">CUTS</a> AP from its top.</body></html>