Use the figure below to answer the following question.

Figure 11.2.2
-Refer to Figure 11.2.2 which shows Tania's average product curve and marginal product curve. The point of maximum average product is point
A)B.
B)C.
C)D.
D)E.
E)F.

Question

Use the figure below to answer the following question.
  
Figure 11.2.2
-Refer to Figure 11.2.2 which shows Tania's average product curve and marginal product curve. The point of maximum average product is point
A)B. 
B)C. 
C)D. 
D)E. 
E)F.

Quizplus · Accepted Answer

The point of maximum average product is where the average product curve intersects the marginal product curve from below. This occurs at point B in the figure. At this point, Tania's average product is at its highest point and is equal to her marginal product. Any point to the right of point B indicates decreasing average product, while any point to the left of point B indicates increasing average product.

Use the Figure Below to Answer the Following Question