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At the point of inflexion:
  • a)
    Average product is maximum
  • b)
    Marginal product is maximum
  • c)
    Marginal product is minimum
  • d)
    None of the above
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
At the point of inflexion:a)Average product is maximumb)Marginal produ...
Point of inflexion is the point where the slope of the TP curve reaches the maximum and starts decreasing. At this point, MP is maximum.
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At the point of inflexion:a)Average product is maximumb)Marginal product is maximumc)Marginal product is minimumd)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
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At the point of inflexion:a)Average product is maximumb)Marginal product is maximumc)Marginal product is minimumd)None of the aboveCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about At the point of inflexion:a)Average product is maximumb)Marginal product is maximumc)Marginal product is minimumd)None of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for At the point of inflexion:a)Average product is maximumb)Marginal product is maximumc)Marginal product is minimumd)None of the aboveCorrect answer is option 'B'. Can you explain this answer?.
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