In the process of production, total output is at maximum when

Home » Past Questions » Economics » Jamb » 2011 » In the process of production, total output is at maximum when
Economics JAMB 2011

In the process of production, total output is at maximum when

  • MP=0 checkmark
  • MP > 0
  • AP = 0
  • AP > 0

The correct answer is: A

Explanation

When the MP becomes zero, Total Product reaches its maximum.

Previous Question Next Question

Leave A Comment