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Home Q & A Board Other Fields Homework Help Business Economics
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DragoxCM16 DragoxCM16
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Posts: 482
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5 years ago

Question 1.

When a firm maximizes total product in the short run, average product is



▸ zero.

▸ negative.

▸ positive.

▸ Any of these can be correct.

Question 2.

At the point where total product is ________, marginal product is zero, but average product is still positive.



▸ maximized

▸ minimized

▸ zero

▸ negative
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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n00835996n00835996
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#1
Posts: 345
Rep: 49 0
5 years ago
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DragoxCM16 Author
wrote...
#2
5 years ago
Exactly what I needed for my project, TYSM
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