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When MP Is Ze...

Question

When MP Is Zero, What Is the Value of TP?

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Solution

When MP is zero, the value of TP is maximum.

Also read:

Total Product Average Product and Marginal Product

Meaning of Demand and Factors Affecting Demand

Law of Variable Proportion

The Law of Diminishing Marginal Product and the Law of Variable Proportions

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Similar questions

Q. From the following table, find TP and MP of labour assuming that TP of labour is zero at zero level of employment of labour.

Unit of Labour	1	2	3	4	5
AP	15	14	13	12	11

Q. When MP is declining, TP must also decline.

When is the ideal ratio of factors of production achieved? When MP is maximum or when TP is maximum?

Q. State wheather following statement is "true or false". Give reasons in support of your answer :-
a). In a situation of disguised unemployment MP can be negative.
b). When TP becomes constant, MP is negative.
c). MC rises only when AC is rising .
d). When TR rises with constant rate, MR falls.

Q. Let TP = Total Product, AP = Average Product and MP = Marginal Product. Use the following table and answer the questions.

Quantity of Variable Factor	TP (in units)	AP (in units)	MP (in units)
1	1000	A	B
2	C	D	600
3	E	700	F
4	2100	G	H
5	I	400	J

Find the value of "F" in the above Table.

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