When the total product curve is falling, the:

Related MCQs

• The marginal product curve is above the average product curve when the average product is :
• The marginal product of labour curve shows the change in total product resulting from a:
• When marginal product reaches its maximum, what can be said of total product?
• If you know that the marginal utility per rupees spent on product Alpha is less than the marginal utility per rupees spent on product Beta, consumers who spend all their income on these two products can:
• If the marginal product of labour is below the average product of labour. It must be true that:
• In general, a flatter demand curve is more likely to be:
• In general, a steeper supply curve is more likely to be
• Which of the following would cause a demand curve for a good to be price inelastic?
• If there is excess capacity in a production facility, it is likely that the firm’s supply curve is:
• Which is an explanation for why the demand curve is down sloping?