Figure 7-1
-Of the graphs in Figure 7-1, which best represents marginal physical product?
A)1
B)2
C)3

Name: Figure 7-1 -Of the graphs in Figure 7-1, which best represents marginal physical product? A)1 B)2 C)3
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Question

Figure 7-1 
-Of the graphs in Figure 7-1, which best represents marginal physical product?
A)1 
B)2 
C)3

Quizplus · Accepted Answer

Marginal physical product is the additional output produced by one additional unit of input. Graph 2 shows the point where marginal product reaches its maximum and starts to decline, which is the typical shape of marginal product curve.

Figure 7-1 -Of the Graphs in Figure 7-1, Which Best Represents Marginal