The point at which the marginal product of a variable input is at a maximum corresponds to the point at which marginal cost is at a maximum.

Question

Quizplus · Accepted Answer

The point at which the marginal product of a variable input is at a maximum actually corresponds to the point at which marginal cost begins to increase, not when it is at its maximum. Marginal cost reaches its minimum when marginal product is at its maximum.

The Point at Which the Marginal Product of a Variable