In the short run,the firm's product curves show
A)TP is at its maximum when MP = O.
B)AP is at its minimum when MP = AP.
C)when MP AP,AP is decreasing.
D)TP begins to decrease when AP begins to decrease.
E)when the MP curve cuts the AP curve from below,the AP curve begins to fall.

Question

In the short run,the firm's product curves show
A)TP is at its maximum when MP = O.
B)AP is at its minimum when MP = AP.
C)when MP > AP,AP is decreasing.
D)TP begins to decrease when AP begins to decrease.
E)when the MP curve cuts the AP curve from below,the AP curve begins to fall.

Quizplus · Accepted Answer

The Answer of In the short run,the firm's product curves show
A)TP is at its maximum when MP = O.
B)AP is at its minimum when MP = AP.
C)when MP > AP,AP is decreasing.
D)TP begins to decrease when AP begins to decrease.
E)when the MP curve cuts the AP curve from below,the AP curve begins to fall.

In the Short Run,the Firm's Product Curves Show