At the Point of Inflexion:

CA Foundation · Business Economics · MTP · September 2024
At the Point of Inflexion:
(A) A. Total Product is maximum
(B) B. Average Product is maximum
(C) C. Marginal Product is maximum
(D) D. Marginal Product is zero

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Marginal Product is maximum

Topics: Theory of Production and Cost

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