Question 43
MediumOriginal questionMatch each phase or point with what happens to TP.
| List I | List II |
|---|---|
| A. MP rising | I. TP is at its maximum |
| B. MP falling but positive | II. TP rises at an increasing rate |
| C. MP = 0 | III. TP falls |
| D. MP negative | IV. TP rises at a diminishing rate |
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
MP is the slope of TP: rising MP, steepening TP; falling but positive MP, flattening but rising TP.
Zero MP is the top of TP; negative MP means TP falls.
- Concept
- MP and the shape of TP
- Typical timeTypical
- 90 s
- Your timeYours
- —
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Ten questions from Production Function: TP, MP and AP, at your own pace.