Consider the following statements :
In the first zone of production function
1. The APP is increasing and then decreasing
2. The MPP is increasing and then decreasing
3. TPP is increasing
4. APP is decreasing
Which of the above statements are correct
A. 1 and 2
B. 2 and 3
C. 1 and 4
D. None of these
Answer: Option B
Join The Discussion