Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
1.3k views
in Concept of Production by (56.2k points)

The marginal, average and total product curves encountered by the firm producing in the short-run exhibit all of the following relationships except: 

(a) when total product is rising, average and marginal product may be either rising or falling 

(b) when marginal product is negative, total product and average product are falling 

(c) when average product is at a maximum, marginal product equals average product, and total product is rising 

(d) when marginal product is at a maximum, average product equals marginal product, and total product is rising

1 Answer

+1 vote
by (65.1k points)
selected by
 
Best answer

(d) when marginal product is at a maximum, average product equals marginal product, and total product is rising

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...