The point of inflection on the total product curve corresponds to the level of output where
A) stage II of production begins.
B) average product is at a maximum.
C) marginal product is at a maximum.
D) All of the above are correct.

Question

Quizplus · Accepted Answer

The point of inflection on the total product curve is where the marginal product is at its maximum. This is because the point of inflection marks the change in the curvature of the total product curve, indicating the peak of the marginal product before it starts to decline.

The Point of Inflection on the Total Product Curve Corresponds