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When marginal product is at its maximum, what can be said about total product?
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The question asks about the relationship between marginal product (MP) and total product (TP) when MP is at its maximum.
First, recall that total product changes as marginal product accumulates: TP rises whenever MP is positive, and TP falls when MP is negative. When MP is at its maximum, this means MP is at the highest positive value it attain......Login to view full explanationLog in for full answers
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