问题
单项选择题
Which of the following conditions is most likely to exist for a typical production process when average product is at its maximum()
A. Marginal product is increasing.
B. Marginal product is at a minimum.
C. Average variable cost is at a minimum.
答案
参考答案:C
解析:
When average product is at a maximum, average variable cost is at a minimum. At the corresponding labor and output level, marginal product is decreasing and marginal cost is increasing