-Refer to the above figure. The curve represents a
A) marginal product curve.
B) total product curve.
C) total cost curve.
D) average total cost curve.

Question

-Refer to the above figure. The curve represents a
A) marginal product curve. 
B) total product curve. 
C) total cost curve. 
D) average total cost curve.

Quizplus · Accepted Answer

The curve represents a total product curve, which typically starts at the origin and initially increases at an increasing rate due to increasing marginal returns, then increases at a decreasing rate as diminishing marginal returns set in, and may eventually decrease if negative marginal returns occur.

-Refer to the Above Figure