Vidyalelo
Commerce · Q272

Economics

Graduate and Post Graduate · Commerce · question 272

Q272

At the point of inflexion, the marginal product is

A.
Increasing
B.
Decreasing
C.
Maximum
Answer
D.
Negative

Answer: Option C

Solution

Answer: Option C
Solution:
At the point of inflexion, the marginal product is maximum. Upto the Point of Inflexion TP has been increasing at increasing rate resulting in increasing MP.