Key Relationship: Marginal, Average and Total Product

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11th September 2015
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Marginal, average and total variables always have the same relationship, which is mathematical. The marginal curve measures the slope of the total curve because it is the differentiation in mathematics of the curve (the small change in one variable divided by the small change in the other). This can be seen visually (below).

Screen Shot 2015-09-11 at 16.01.11

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