When a firm produces its product using the quantity of the variable resource which maximizes its average product:
A)marginal cost is minimized.
B)average cost equals marginal cost.
C)marginal product is also maximized.
D)average cost is maximized.

Question

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The Answer of When a firm produces its product using the quantity of the variable resource which maximizes its average product:
A)marginal cost is minimized.
B)average cost equals marginal cost.
C)marginal product is also maximized.
D)average cost is maximized.

When a Firm Produces Its Product Using the Quantity of the Variable