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Question 19N.3.HL.TZ0.1b

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Date November 2019 Marks available [Maximum mark: 4] Reference code 19N.3.HL.TZ0.1b
Level HL Paper 3 Time zone TZ0
Command term Outline Question number b Adapted from N/A
b.
[Maximum mark: 4]
19N.3.HL.TZ0.1b
(b)

Using a fully labelled diagram, outline the relationship between marginal product (MP) and average product (AP) of labour.

[4]

Markscheme

The vertical axis may be labelled Marginal/Average Product, Product, Output, (or abbreviations of these). The horizontal axis may be labelled (Quantity of) labour, workers, variable factor, input.