A firm's total product curve shows
A) that inefficiency is not possible.
B) how the cost of the fixed resources change when output changes.
C) how the amount of output changes when the quantity of labor changes.
D) that in the long run the firm must adjust the quantity of all the resources it employs.

Question

Quizplus · Accepted Answer

The total product curve illustrates the relationship between the quantity of labor employed and the amount of output produced, showing how output changes as labor input changes.

A Firm's Total Product Curve Shows