In the process of production, total output is at maximum ...
In the process of production, total output is at maximum when
MP=0
MP > 0
AP = 0
AP > 0
Correct answer is A
When the MP becomes zero, Total Product reaches its maximum.
One of the main achievements of the Economic Commission for Africa is ...
One of the features of a free market economy is that ...
When the average physical product curve is rising the marginal physical product is ...
Which of the following statement is TRUE about ECOWAS? ...
One of the major consequences of urban-based development programmes in Nigeria is that they ...
The inefficient distribution of scarce commodities in Nigeria is mostly due to the ...
When a variable is associated with time period, it is____________ ...
Which of these factors does not affect revenue allocation in Nigeria? ...
The optimum level of output of the firm is ...
The slow pace of industrial growth in Nigeria can be attributed to ...