Explain the relationship between AP and MP with the help of a diagram. (2024)

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Total Product, Average Product and Marginal ProductDefine the term TP AP and MP.At the point of inflexion:Explain the relationship between the marginal product and total product of an input.

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What Is TP, MP and AP?

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Explain the relationship between AP and MP with the help of a diagram. (2024)
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