Multiple Choice
The point of saturation occurs when a firm
A) has total returns equal to zero.
B) first encounters negative marginal product.
C) first experiences positive marginal product.
D) maximizes its total returns.
Correct Answer:
Verified
Related Questions
Q151: When total product is decreasing, marginal product
Q152: Q153: Total product will start to decrease Q154: Suppose the manager of a restaurant notices Q155: The law of diminishing marginal product shows Q157: If marginal product is zero, we know
A) at
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents