In the process of production, total output is at maximum ...
In the process of production, total output is at maximum when
MP=0
MP > 0
AP = 0
AP > 0
Correct answer is A
When the MP becomes zero, Total Product reaches its maximum.
Free trade is one in which ...
A rightward shift in the supply curve of a commodity is brought about by an increase in ...
Demand for a factor of production is ...
If the demand elasticity coefficient of cars is 0.5, it implies that the demand for petrol is ...
One of the reason for an exceptional demand curve is the ...
The commercial banks differ from non-bank financial institutions because they ...
One of the characteristics of monopolistic competition is that ...
A market condition where profit is maximized when MR = AR = MC = P is known as ...
Which of the taxes appear generally progressive in nature? ...