Home
Earn $100 Online Daily. Work From Home. Click Here

What is the correct answer?

4

When total product (TP) is maximum:

A. MP is negative

B. MP is infinite

C. MP is zero

D. None of the above

Share this question with your friends
Correct Answer :

C. MP is zero


Related Questions

An indifference curve normally slopes downward from: The number of firms in monopolistic competition normally range between: With an increase in income, consumer is expected to buy more of: A decrease in demand lowers the price the most: Variable cost includes the cost of: The elasticity of substitution measures the percentage change in the ratio… Which of the following is not a feature of isoproduct curves? An income demand curve of an inferior good is: Price-taker firms: Total costs are: Supply curves are most elastic: Cross-elasticity of demand is measured as: A price is a ratio of exchange between: In the long-run competitive equilibrium: A market demand schedule is obtained by adding individual demand schedules: According to critics, the assumption of costless production is: According to current thinking, the law of diminishing returns applies… Total costs in the short-term (short-run) are classified into fixed costs… When a consumer is satisfied with his spending pattern, he is said to… In case of budget line, we get pairs of two goods where consumers income… If the marginal utility is divided by the price of the commodity then… In economic term water is a: In the short-run, the competitive firm can maximize its profits (or minimize… The Substitution Effect (S.E) is always: Nash equilibrium says: General equilibrium is concerned with simultaneous equilibrium of: If as a result of a decrease in price, total outlay (expenditures) on… All money costs can be regarded as: The fixed cost of a firm: In the real world, some competitive firms owns specialized resources that…

Also checkout

Time and Work MCQ Astronomy MCQ Direction MCQ Transmission of Heat MCQ Antonyms MCQ Internal Combustion MCQ Drawing Inference MCQ Indirect TAX MCQ Miscellaneous MCQ Urology MCQ Sentence Correction MCQ Indian History MCQ