When the marginal product equals the average product, the
A) average product curve is upward- sloping.
B) average product curve is downward- sloping.
C) marginal product is at its maximum.
D) average product is at its maximum.

Question

Quizplus · Accepted Answer

When the marginal product equals the average product, it means the average product is at its maximum. This is because any addition to the total product (from an additional unit of input) that is equal to the current average product will not change the average, indicating the peak of efficiency per unit of input.

When the Marginal Product Equals the Average Product, the