Suppose That a Firm Uses a Technology for Which the MP

question 49

Multiple Choice

Suppose that a firm uses a technology for which the MP of a variable factor is initially rising. Then:

• A)the firm will never reach diminishing marginal productivity.
• B)MP is maximized before AP.
• C)MP is maximized when AP is falling.
• D)total and AP are maximized when MP is zero.

---

Definitions:

Embryonic Stages

Phases of development that an embryo goes through from fertilization to birth.

Ardipithecus Ramidus

An early hominin species known for its bipedal locomotion, contributing to our understanding of human evolution.

Walk Erect

The ability to move on two feet in an upright position, a characteristic feature of humans and their ancestors.

First Hominin

Refers to the earliest members of the Hominini tribe, which includes modern humans, their direct ancestors, and relatives.