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What is the behaviour of TP, when MP bec...

What is the behaviour of TP, when MP becomes negative ?

A

TP increases at an increasing rate

B

TP increases at diminishing rate

C

TP is at its maximum point

D

TP decreases

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Verified by Experts

The correct Answer is:
D
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What is the behaviour of TP, when (i) MP rises (ii) MP falls, but remains positive (iii) MP is zero (iv) MP becomes negative?

What is the reaction of AP, when: (i) MP is more than AP. (ii) MP is less than AP. (iii) MP is equal to AP.

SANDEEP GARG-PRODUCTION FUNCTION-REVISION EXERCISE
  1. When average product increases, the marginal product is :

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  2. What happens to AP, when MP is more than AP ?

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  3. What is the behaviour of TP, when MP becomes negative ?

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  4. According to Law of Variable Proportions, there are phases.

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  5. Average product cannot be negative because :

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  6. The law diminishing retuns refers to an eventual fall in :

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  7. The 2^(nd) phase (diminishing returns to a factor) is exhibited by the...

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  8. Which phase of Law of Viriable Proportions has been ruled out on the g...

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  9. A rational producer always aims to operate in of Law of Variable Prop...

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  10. In general, most of the production functions measures :

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  11. Product per unit of labour employed is termed as :

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  12. When AP is maximum, MP is equal to:

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  13. Variable factors refer to those factors of production :

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  14. Both AP and MP curves are generally :

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  15. In describing a given production technology, the short run is best des...

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  16. is the period of time in which all the factors of production are varia...

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  17. The 'Marginal Product' of a variable input is best described as :

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  18. On the basis of following schodule, answer the following questions : ...

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  19. On the basis of following schodule, answer the following questions : ...

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  20. On the basis of following schodule, answer the following questions : ...

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