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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


Team Careers360 20th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

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.

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