In the production theory, the optimum level of output is represented at a point where
A. Marginal product curve begins to fall
B. Average product curve begins to fall
C. Marginal product becomes zero
D. Average product becomes zero.
Answer:C
In the production theory, the optimum level of output is represented at a point where
A. Marginal product curve begins to fall B. Average product curve begins to fall C. Marginal product becomes zero D. Average product becomes zero.