Suppose the marginal product of energy equals the average product of energy.This implies that
A)marginal product is negative.
B)average product is at its maximum value.
C)marginal product is at its maximum value.
D)the marginal product curve is upward sloping.
E)average product is at its minimum value.

Question

Quizplus · Accepted Answer

When the marginal product of energy equals the average product of energy, it means that the additional unit of energy added is contributing the same amount of output as the average energy input. This implies that the average product of energy is at its maximum value.

Suppose the Marginal Product of Energy Equals the Average Product