Relation between tp and mp or ap, Microeconomics

Relation between TP and MP:

Graphically, given the total product curve, MP is the slope of the tangent at any point on the TP curve. This is shown in Figure. 

1079_Relation between TP and MP.png

See that 293_Relation between TP and MP1.png

Relation between TP and AP 

Given the TP curve, AP is the slope of a ray from the origin to any point on the TP curve.  

922_Relation between TP and MP2.png

1926_Relation between TP and MP3.png

Posted Date: 10/26/2012 6:12:30 AM | Location : United States







Related Discussions:- Relation between tp and mp or ap, Assignment Help, Ask Question on Relation between tp and mp or ap, Get Answer, Expert's Help, Relation between tp and mp or ap Discussions

Write discussion on Relation between tp and mp or ap
Your posts are moderated
Related Questions
#question.Question: Answer all parts (a, b, c, d, e & f). Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L,


assumption of mariss model

You are the final voter in a brand new start-up league, the Ultra Fun Foosball League (UFFL). The directors are looking to you to make the decisions on how many teams to place in a

What are markets types of markets

Disposable Personal Income The amount of cash remaining after taxes are removed that an individual has the opportunity to spend.

Token Privatisation: This implies the sale of 5 per cent or 10 per cent shares of a profit-making public sector enterprise in the market with the objective of obtaining revenue t

How to use Demand and Supply tools to analyze the case of the Egyptian labor market?

Explain about the deadweight loss and elasticities. Deadweight Loss and Elasticities: The common rule for economic policy is the other things equal; you need to select the p

an emission fee levied against polluting firms will tend to shift the supply/demand curve of the firm/product to the left/right?