Question : If the total product is at its maximum then:
(AP = Average product)
(MP = Marginal product)
Option 1: AP = 0
Option 2: AP<0
Option 3: MP = 0
Option 4: AP =MP = 0
Correct Answer: MP = 0
Solution : The correct option is MP = 0.
When the total product is at its maximum, the marginal product (MP) equals 0. This occurs when adding an extra unit of input doesn't increase the total output. At the maximum total product point, the average product (AP) is also at its maximum, indicating optimal efficiency in the use of inputs.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Get Updates Brochure
Your Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.
