State whether true or false, and explain

"Whenever marginal product is equal to average product, total product is at its maximum."

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Solution

False. Total product is at its maximum if and only if marginal product is zero. When average product is equal to marginal product, average product is at its maximum.

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Similar questions

State whether true or false, and explain.

"If average product is increasing, marginal product must be less than the average product."

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"If marginal product is negative, average product must be negative."

State whether true or false, and explain.

"If total product is increasing, marginal product must also be increasing."

Giving reasons, state whether the following statements are true or false:
(i) Average product will increase only when marginal product increases.
(ii) Under diminishing returns to a factor, total product continues to increase until marginal product reaches zero.

Q. Write True or False with a reason.
Fall in marginal product must lead to a fall in average product as well.

State whether true or false, and explain "Whenever marginal product is equal to average product, total product is at its maximum."

False. Total product is at its maximum if and only if marginal product is zero. When average product is equal to marginal product, average product is at its maximum.

State whether true or false, and explain

"Whenever marginal product is equal to average product, total product is at its maximum."