The point of inflection on the TP curve corresponds to the level of input where .

AP is maximum

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MP is maximum

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MP is negative

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AP is falling

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Solution

The correct option is B MP is maximum
When MP is at a maximum, TP reaches the point of inflection. After this, MP falls, so TP increases at a diminishing rate.

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The point of inflection on the TP curve corresponds to the level of input where .

The correct option is B MP is maximumWhen MP is at a maximum, TP reaches the point of inflection. After this, MP falls, so TP increases at a diminishing rate.

The correct option is B MP is maximum
When MP is at a maximum, TP reaches the point of inflection. After this, MP falls, so TP increases at a diminishing rate.