The point 1 in the following figure show

CUET Preparation Today

Start Free Mocks

Home Questions K6SUYFK7E4

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:

The point 1 in the following figure shows the shape of which curve in the input-output plane?

Options:

Average Product Curve

Marginal product curve

Total product curve

Diminishing Marginal Utility curve

Correct Answer:

Average Product Curve

Explanation:

The correct answer is option 1: Average Product Curve