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July 28, 2014

Homework Help: Product curves

Posted by Anonymous on Monday, February 19, 2007 at 3:34pm.

If the short run total product curve is a linear function of the variable input over some range of values. Describe the shape of the marginal product and average product functions.

I am guessing that the marginal product is constant, which a horizonal line. What about the average product, what does it look like?

The shape of the average product curve cannot be determined given the info you provided. It depends on whether the marginal product curve was rising or falling on production points before examining this special, short run section.


then what will it look like if MP is rising? and falling?
thanks.


What do Product curves reflect?

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