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Production Function: TP, MP and AP · Question 37 of 62

Question 37

MediumOriginal question

In the second phase of the law of variable proportions,

Options for question 37

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Each extra worker now adds less than the one before, but still adds something.

  2. The phase ends where MP reaches zero and TP is at its maximum.

Concept
Second phase
Typical time
70 s
Your time
—
The rule this testsThe law of variable proportions
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.