When Total Product of labors (TPL) is maximized then: OA. Marginal product (MPL) is maximized O B. Average product (APL) is maximized OC. Marginal product (MPL) equals zero O D. Average product (APL) equals zero

When Total Product of labors (TPL) is maximized then: OA. Marginal product (MPL) is maximized O B. Average product (APL) is maximized OC. Marginal product (MPL) equals zero O D. Average product (APL) equals zero

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter11: The Firm: Production And Costs

Section: Chapter Questions

Problem 5P

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