Economy, asked by sauravm900, 2 months ago

what is the shape of product curve​

Answers

Answered by sweetgirl2323
1

Answer:

The shape of the total product curve is a function of teamwork, specialization, and using the variable input with the fixed inputs. The total product (TP) curve represents the total amount of output that a firm can produce with a given amount of labor. As the amount of labor changes, total output changes.

Explanation:

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Answered by Anonymous
1

\huge\colorbox{red}{Answer☆}

The shape of the total product curve is a function of teamwork, specialization, and using the variable input with the fixed inputs. The total product (TP) curve represents the total amount of output that a firm can produce with a given amount of labor. As the amount of labor changes, total output changes.

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