Figure 7-2 shows the total product curve for different levels of a variable input,labor.
Figure 7-2
-In Figure 7-2,at point C _____.
A)average product equals marginal product
B)marginal product is at a maximum
C)total product is increasing at an increasing rate
D)average product is declining but positive

Question

Figure 7-2 shows the total product curve for different levels of a variable input,labor.
Figure 7-2 
-In Figure 7-2,at point C _____.
A)average product equals marginal product 
B)marginal product is at a maximum 
C)total product is increasing at an increasing rate 
D)average product is declining but positive

Quizplus · Accepted Answer

At point C, the average product equals the marginal product, which is a characteristic of the point where the average product reaches its maximum.

Figure 7-2 Shows the Total Product Curve for Different Levels