When Average Product Is Highest?

Robert Thorne
Robert Thorne
• • 5 min read

Option C Is Correct. When the Average Product Curve Is at Its Maximum, Ap Is Equal to the Marginal Product Marginal Product in Economics and in Particular...

When Average Product Is Highest?

Option C is correct. When the average product curve is at its maximum, AP is equal to the marginal product

marginal product
In economics and in particular neoclassical economics, the marginal product or marginal physical productivity of an input (factor of production) is the change in output resulting from employing one more unit of a particular input (for instance, the change in output when a firm's labor is increased from five to six ...
› wiki › Marginal_product
(MP).

When average product is increasing?

Answer: 1. Average Product increases as long as Marginal Product (MP) > Average Product (AP). Alternatively, when MP > AP, AP rises.

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Where is average product maximized?

The average product of labour is maximized when marginal product of labour .

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor
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Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.