DP Economics
Question 19N.3.HL.TZ0.b
| Date | November 2019 | Marks available | [Maximum mark: 4] | Reference code | 19N.3.HL.TZ0.b |
| 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.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.
