When the marginal product is negative, the total product ...
When the marginal product is negative, the total product will be
Constant
At a maximum
Increasing
Decreasing
Correct answer is D
When marginal product is at zero, total product is at maximum and when Marginal Product is negative(-) Total Product is decreasing.
Which is NOT a method of raising capital funds in Nigeria? ...
The total amount of money in circulation includes cash ...
What accounts for the ‘U-shaped’ of the short run average cost (AC) curve? ...
Comparison of interpersonal utility is impossible because ...
Which is the most liquid of the following financial assets held by an individual? ...
Given that Y = C + I and C = bY where b = 0.8, what is the multiplier? ...
A society that is on its production possibility curve ...
Inflation can best be checked by ...
Which of the following is used by the Central Bank to control the rate of interest? ...
Which of the following is NOT illustrated by the production possibility curve? ...