Figure 6.1
-Refer to Figure 6.1. At which point on the total product curve is the average product of labor the highest?
A) point A.
B) point B.
C) point C.
D) point D.
E) none of the above

Question

Figure 6.1
-Refer to Figure 6.1. At which point on the total product curve is the average product of labor the highest?
A) point A. 
B) point B. 
C) point C. 
D) point D. 
E) none of the above

Quizplus · Accepted Answer

At point B, the total product curve reaches its peak and the average product of labor is the highest. This is because at this point, the marginal product of labor is equal to the average product of labor, which is the maximum. Beyond point B, the marginal product of labor starts to decrease, pulling down the average product of labor.

Figure 6.1 -Refer to Figure 6.1. at Which Point on the Total