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When total product to a variable factor reaches the maximum, what will be the marginal product? - Economics

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प्रश्न

When total product to a variable factor reaches the maximum, what will be the marginal product?

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उत्तर

When the total product (TP) of a variable factor reaches its maximum, the marginal product (MP) becomes zero. This means that adding one more unit of the variable input does not increase the output any further.

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अध्याय 7: Laws of Returns - Returns to a Factor and Returns to Scale - TEST YOURSELF QUESTIONS [पृष्ठ १३१]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 7 Laws of Returns - Returns to a Factor and Returns to Scale
TEST YOURSELF QUESTIONS | Q 15 | पृष्ठ १३१
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