Solved

If Marginal Product Is Zero, We Know That

Question 237

Multiple Choice

If marginal product is zero, we know that

A) total product is also zero.
B) average product is also zero.
C) total output is maximized.
D) average product is constant.

Related Questions

Q232: Which of the following statements is TRUE

Q233: The typical shape of the long-run average

Q234: The long run for a business is

Q235: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Q236: The production function does NOT provide information

Q238: The change in output caused by a

Q239: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above

Q240: When a company produces 5,000 units, total

Q241: The short run is A) a period of

Q242: Marginal cost equals A) TC/Q. B) TVC/Q. C) TFC/Q. D) change