Home
Class 12
ECONOMICS
Total product will increase only when ma...

Total product will increase only when marginal product increases.

Text Solution

Verified by Experts

False: Total product will also increase when marginal product decreases and when marginal product decreases, the total product increases at diminishing rate.
Promotional Banner

Topper's Solved these Questions

  • PRODUCER EQUILIBRIUM

    FULL MARKS|Exercise NCERT TEXTBOOK QUESTIONS SOLVED|40 Videos

  • REVENUE

    FULL MARKS|Exercise NCERT TEXTBOOK QUESTIONS SOLVED|65 Videos

Similar Questions

Explore conceptually related problems

Average product will increase only when marginal product increases. OR Average product rises only where marginal product rises.

Under diminishing returns to a factor, total product continues to increase till marginal product reaches zero.

FULL MARKS-PRODUCTION-NCERT TEXTBOOK QUESTIONS SOLVED
  1. When the marginal product of a variable input falls, total product als...

    Text Solution

    |

  2. When there are diminishing returns to a factor, total product always d...

    Text Solution

    |

  3. Total product will increase only when marginal product increases.

    Text Solution

    |

  4. Increase in total product always indicates that there are increasing r...

    Text Solution

    |

  5. When there are diminishing returns to a factor, marginal and total pro...

    Text Solution

    |

  6. When there are diminishing returns to a factor, total product first in...

    Text Solution

    |

  7. Total product always increases whether there is increasing returns or ...

    Text Solution

    |

  8. If marginal product rises, average product must also rise.

    Text Solution

    |

  9. If marginal product falls, average product must also fall.

    Text Solution

    |

  10. If marginal product becomes negative, average product must also become...

    Text Solution

    |

  11. Average product will increase only when marginal product increases. ...

    Text Solution

    |

  12. Under diminishing returns to a factor, total product continues to incr...

    Text Solution

    |

  13. State the behaviour of marginal product in the law of variable proport...

    Text Solution

    |

  14. If diminishing marginal returns will set in after the very first unit ...

    Text Solution

    |

  15. Explain the differences between variable factors and fixed factors.

    Text Solution

    |

  16. Explain how is it possible for marginal product to fall while average ...

    Text Solution

    |

  17. Assume the marginal product for a particular good is constant. Describ...

    Text Solution

    |

  18. Comment on the following statement: "When average product and marginal...

    Text Solution

    |

  19. Comment on the following statement: "Diminishing returns occur when to...

    Text Solution

    |

  20. A farmer in Punjab transports wheat from the farm to a flour mill. Is ...

    Text Solution

    |