Posted by: Sujal on 12.04.2022
Ask a QuestionMP curve or the marginal productivity curve is downward sloping because of the law of increasing/decreasing return to scale applies. Initially production rises then falls and after that rises upto a maximun point.
Inverse S-shaped due to law of variable proportion
MP curve is downward sloping because a production increases mp curve also increases but afterwards mp falls or become U-shaped.
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