Economics · Production Theory
In the theory of production, the Total Product (TP) curve reaches its maximum point when the:
- 1Marginal Product (MP) is at its maximum
- 2Marginal Product (MP) is equal to zero✓
- 3Marginal Product (MP) becomes negative
- 4Average Product (AP) is at its maximum
Correct answer
Marginal Product (MP) is equal to zero
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