The point where total production is maximum, the marginal production will be :
(a) zero
(b) one
(c) infinite
(d) two
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Answer:
a
Explanation:
first start in point fewww time is start a zero
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The marginal production will be zero where the total production is maximum.
What is the difference between total production and marginal production?
- Total production is the total output we get after utilizing the input whereas marginal production is the additional input that increases total product
- When the rate of total product increases then the rate of the marginal product also increases
- The total product is calculated by the formula: Total Product= Product/labor whereas the marginal product is calculated by using the formula: Marginal Product= Changed output/ Change input
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