Output (Total Product)is maximized when
A)average productivity is at its maximum.
B)the "law of diminishing returns" sets in.
C)marginal productivity is zero.
D)marginal productivity is at its maximum.

Question

Quizplus · Accepted Answer

Output or Total Product is maximized when Marginal Productivity is zero. This is because at the point where marginal productivity becomes zero, adding more units of a factor of production results in the maximum possible output, and any further addition would not increase the total output.

Output (Total Product)is Maximized When