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When MP = 0, what is the level of TP? - Economics

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When MP = 0, what is the level of TP?

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उत्तर

When Marginal Product (MP) = 0, it means the Total Product (TP) is at its highest point. This shows that adding one more unit of the variable input (like a worker) does not increase output. The production has reached its peak, and no more output can be added without reducing efficiency.

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

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फ्रँक Economics [English] Class 12 ISC
पाठ 7 Laws of Returns - Returns to a Factor and Returns to Scale
TEST YOURSELF QUESTIONS | Q 16. | पृष्ठ १३१
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