Card 17 / 47: In the short run, the firm's production curves exhibit all of the following relationships except:
A)
Average product of labor (APL) is at its maximum when marginal product of labor (MPL) is equal to APL.
B)
Total Product of Labor (TPL) is at its maximum when MPL=0.
C)
TPL begins to decrease when APL begins to decrease.
D)
when MPL < APL, APL is decreasing.
E)
MPL reaches a maximum sooner than does either APL or TPL.
Answer:
C) TPL begins to decrease when APL begins to decrease.
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