Paper silver has been heavily shorted in the last few weeks. Low volume indicated by the 30& 60 day averages has not brought down the 200 day average and the price of retail silver on the market. see links below Note - this is also a great example of the illegal market manipulation our government is enabling. Now if you want to do the rest of your homework by yourself research the difference between paper silver and real silver and also note the impact of the electronic precious metal funds.
If average product is decreasing then?
Negative
Average Product = (Total Product) / (Labor) Marginal Product(2) = (Total Product)(2) - (Total Product)(1)
show with example that if the marginal product is always decreasing the average product is always above the marginal product?
The marginal product is the output produced by one more unit of a given input. Found at http://www.econmodel.com/classic/terms/marginal_product.htm
Marginal product is any input in the production process is the increase in the quantity of output obtained from on additional unit of the input. Average product is the output produced when one more unit of the variable factor is employed The relationship is state as: If labour's marginal product is exceed its average product that means labour's average product will be rising. Labour's average product will be falling. If labour's marginal product is less than its average product. If labour's marginal product is equal its average product and the average product will reach the minimum value at the point.
ncreasing marginal returns mean that marginal product is greater for each subsequent unit of a variable input than it was for the previous unit. Decreasing marginal returns, as such, mean that marginal product is less for each subsequent unit of a variable input than it was for the previous unit.
of average product.
what is the relationship between marginal physical product and marginal cos
how do you find marginal product on excel
I'm thinking that marginal revenue product is the marginal revenue on one product, and marginal revenue is the marginal revenue on the whole firm sales... I'm wondering the same thing but the above response is incorrect. both terms imply values on one item as indicated by the "marginal"
moarginal product of labor
A marginal product curve is a visual presentation that demonstrates the relationship between the marginal product and the quantity of its input. All other inputs are fixed.