Question

When AP is maximum in the following statement is true​

Answer 1

When AP is at its maximum, the MP and the AP are equal, and the MP curve, generally, intersects the AP curve from above.

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Answer 2

The correct answer is option (b) MP=AP.

Explanation:

• When AP is at its maximum, the MP and the AP are equal, and the MP curve, generally, intersects the AP curve from above.
• MP is marginal product and AP is average product.
• Average product of labor (APL) is a measure of how much each worker produces, on average.
• Marginal product (MP) is the change in output resulting from employing one more unit of a particular input.