Which of the following statements concerning the relationships between total product (TP), average product (AP), and marginal product (MP)is not correct?
A)AP continues to rise so long as TP is rising.
B)AP reaches a maximum before TP reaches a maximum.
C)TP reaches a maximum when the MP of the variable input becomes zero.
D)MP cuts AP at the maximum AP.

Question

Quizplus · Accepted Answer

AP continues to rise only until it reaches its maximum, which occurs before TP reaches its maximum. AP can start to decline while TP is still rising, as long as MP is positive but less than AP.

Which of the Following Statements Concerning the Relationships Between Total