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A-LevelEconomicsThe price system and the microeconomy9708/32 · May/June 2019 · Q161 Mark

Which diagram correctly shows the relationship between the average product (AP) and the marginal product (MP) of labour, given that the quantities of other factor inputs remain constant?

  1. 16average product, marginal product MP AP labour A average product, marginal product MP AP labour B average product, marginal product AP MP labour C average product, marginal product MP AP labour D[1]

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Mark scheme

Marking points from the official mark scheme (May/June 2019). The mark or mark type is shown in brackets.

  1. [1] 16 B

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About this question

Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source
A-Level Economics, May/June 2019 Paper 3 Variant 2, question 16.

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