Use the following figure to answer the questions :
Figure 7-2 shows the total product curve for different levels of a variable input,labor.
-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

Use the following figure to answer the questions :
Figure 7-2 shows the total product curve for different levels of a variable input,labor. 
-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 typically where the average product curve reaches its maximum.

Use the Following Figure to Answer the Questions