-A total product curve shows the
A)aggregate output of many firms in an industry.
B)amount of product consumers will take off the market.
C)maximum amount of product that it is technically possible to produce.
D)relationship between units of inputs and total output.

Question

-A total product curve shows the
A)aggregate output of many firms in an industry. 
B)amount of product consumers will take off the market. 
C)maximum amount of product that it is technically possible to produce. 
D)relationship between units of inputs and total output.

Quizplus · Accepted Answer

The total product curve illustrates the relationship between the quantity of inputs used in production and the total quantity of output produced, showing how output changes with variations in input.

-A Total Product Curve Shows the