Geometrically, the average product
A)Is the slope of the line joining the origin to the specified point on the total product curve
B)At any point is the slope of the total product curve at that point
C)Is that point at which the total product curve exhibits diminishing returns
D)Falls at low levels of input use and rises at high levels of input use

Question

Quizplus · Accepted Answer

The average product is calculated as the total product divided by the quantity of input, which geometrically is represented by the slope of the line from the origin to a point on the total product curve.

Geometrically, the Average Product