3.3.2.2d - relationship between: • marginal product and marginal costs • average products and

The relationship between:; marginal product and marginal costs; average products and average cost; total product and total cost; short-run and long-run costs.

Use d - relationship between: • marginal product and marginal costs • average products and to connect the rule to the data and decision in the question.

This matters because d - relationship between: • marginal product and marginal costs • average products and determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - relationship between: • marginal product and marginal costs • average products and to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - relationship between: • marginal product and marginal costs • average products and is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.