单选题
Which of the following most accurately describes the typical relationship between marginal product (MP) and average product (AP) ? As the quantity of labor increases: A. initially, AP < MP, then AP = MP, then AP > MP. B. initially, AP = MP, then AP > MP. C. AP is always less than MP.
【正确答案】
A
【答案解析】MP intersects the AP minimum from above. MP is initially greater than average product, and then MP and AP intersect. Beyond this intersection, MP is less than AP. (Hint: sketch the curves. )