When the total product curve is falling, the:

Related MCQs

• The competitive firm’s long run supply curve is the portion of it’s …………..curve lies above average total cost.
• Whenever marginal cost is more than …………average total cost is falling:
• When marginal product reaches its maximum, what can be said of total product?
• Exceptional Demand Curve (Perverse demand curve)
• ------------ is situation of severely falling prices and lowest level of economic activities
• So long as Average Revenue is falling, Marginal Revenue will be …………. Average Revenue
• ------------is situation of severely falling prices and lowest level of economic activities
• A fall in the price of a commodity whose demand curve is a rectangular hyperbola causes total expenditure on the commodity to:
• ……….. Measures the differences between the new total revenue and existing total revenue
• Whenever ………..is greater than average total cost, average total cost is rising.