wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The total output is at its maximum when marginal output is ___________.

A
infinite
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
one
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
zero
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
less than zero
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B zero
Marginal Product is the defined as the change in total product resulting from one additional unit of a variable factor. For output to be maximized the marginal product should be 0. As if marginal product 0 it is profitable to increase production. If marginal product 0 it is profitable to decrease production.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Tools of Fiscal Policy
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon