As the marginal physical product curve rises,
A)the marginal cost curve rises.
B)the marginal cost curve falls.
C)the total cost curve rises.
D)the total cost curve falls.

Question

Quizplus · Accepted Answer

When the marginal physical product curve rises, it means that each additional unit of input produces more output than the previous unit. This increased efficiency in production leads to a decrease in the marginal cost of producing each additional unit, hence the marginal cost curve falls.

As the Marginal Physical Product Curve Rises