In inverse 'U'-shaped average product curve, as long as the value of Marginal Product remains higher than the value of the average product, in this condition the average product continues to..............

Rise

The correct answer is Option (2) → Rise

The Average Product (AP) curve is inverse U-shaped, showing that:

• Initially, AP increases as more units of the variable factor (like labour) are employed.

• After reaching a maximum point, AP starts to fall.

The relationship between Marginal Product (MP) and Average Product (AP) is as follows:

• When MP > AP, the AP rises.

• When MP = AP, the AP is at its maximum.

• When MP < AP, the AP falls.

Hence, as long as the Marginal Product is greater than the Average Product, the Average Product continues to rise.