A total product curve indicates the relationship between _____ when all other inputs are fixed.
A) a variable input and price
B) a variable input and a variable cost
C) a variable input and output
D) output and price

Question

Quizplus · Accepted Answer

A total product curve shows the relationship between a variable input (such as labor) and the total output (quantity of goods produced) when all other inputs are fixed. This means that the curve is illustrating the impact of changing one input variable on the final product, holding all other variables constant. Therefore, the correct option is C - a variable input and output relationship, as it best describes the function of the total product curve.

A Total Product Curve Indicates the Relationship Between _____ When