Question 28
MediumOriginal questionAssertion (A): TP is at its maximum when MP is zero.
Reason (R): MP is the slope of the TP curve.
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Both are true, and R explains A: a curve is at its peak where its slope is zero.
- Concept
- Peak of TP
- Typical timeTypical
- 70 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Production Function: TP, MP and AP, at your own pace.