When the Total Product (TP) is at maximum point, the Marg...
When the Total Product (TP) is at maximum point, the Marginal Product (MP) and the Average Product (AP) respectively are?
Zero and decreasing
Decreasing and zero
Negative and decreasing
Both at their maximum
Correct answer is A
No explanation has been provided for this answer.
Government revenue will increase if tax is imposed on a good whose demand is ...
In order to increase revenue, government should tax commodities for which demand is ...
The problems of conducting census include ...
If the quantity of men's hat demanded per week is represented by the function Qd=20-\(\frac{1}{3...
Which of the following is NOT a feature of underdevelopment ...
The Malthusian theory of population has been rendered ineffective by ...
Which of the following is an external economy derived by a firm? ...
Which of the following is not a reason why statutory are run only by the government? ...
An increase in nominal income without increase in price will result to ...