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MMLU-Pro / 7651 / Which of the following statements accurately describes the relationship between…

Problem

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question

Which of the following statements accurately describes the relationship between average product (AP) and marginal product (MP) of labor?

category

economics

options

  1. MP intersects AP at the minimum of MP.
  2. AP rises when MP is above it and falls when MP is below it.
  3. MP is always higher than AP regardless of the level of labor.
  4. AP and MP are inversely related to each other.
  5. AP falls when MP is above it and rises when MP is below it.
  6. AP always remains constant regardless of the MP.
  7. MP intersects AP at the maximum of MP.
  8. AP and MP are either both rising or both falling at all levels of labor.
  9. AP and MP intersect only once at the maximum level of labor.
  10. AP and MP are always parallel to each other.

src

ori_mmlu-high_school_microeconomics

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Official source

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