Question

When is TP maximum in relation to MP?

Answer 1

Explanation:

TP, MP, AP: Shape of the Curves

Here, MP =0. After the maximum, TP starts to fall or it declines. The MP curve also initially increases, reaches its maximum and then declines. Note that the maximum of MP is reached at the point where TP starts to increase at a diminishing rate.

Answer 2

Answer:

Explanation:

Here, MP =0. After the maximum, TP starts to fall or it declines. The MP curve also initially increases, reaches its maximum and then declines. Note that the maximum of MP is reached at the point where TP starts to increase at a diminishing rate.