In the graph, where do the MP and AP curves meet? Marginal and average product curves. MP is 10, 14, 15, 13, 8, 6, 4, 0 and −7 for the 1st to 9th labourer. AP is 10, 12, 13, 13, 12, 11, 10, 8.75 and 7. The curves meet at K, where 4 labourers give MP = AP = 13.

In the graph, where do the MP and AP… — CUET Economics practice

In the graph, where do the MP and AP curves meet?

Question 16

MediumOriginal question

In the graph, where do the MP and AP curves meet?

Marginal and average product curves. MP is 10, 14, 15, 13, 8, 6, 4, 0 and −7 for the 1st to 9th labourer. AP is 10, 12, 13, 13, 12, 11, 10, 8.75 and 7. The curves meet at K, where 4 labourers give MP = AP = 13.

At 3 units, where MP is at its maximum of 15Correct answerYour answerAt 8 units, where MP is 0Correct answerYour answerAt 4 units of labour, where AP is at its maximum of 13Correct answerYour answerAt 1 unit, where both are 10Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

At 4 units, MP = 13 and AP = 52 ÷ 4 = 13.
MP cuts AP at the highest point of AP: before it AP rises, after it AP falls.

Worth noting

Both curves start at 10 for the first worker, since AP₁ = MP₁ = TP₁; that is a starting point, not a crossing.

Concept: MP meets AP at its maximum
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsTotal, marginal and average product

Practise this chapter →

Ten questions from Production Function: TP, MP and AP, at your own pace.

Practise this chapter →

Ten questions from Production Function: TP, MP and AP, at your own pace.

In the graph, where do the MP and AP curves meet?

Question 16

Explanation