A Typical Total Product Curve Goes Through Four Stages

question 200

Multiple Choice

A typical total product curve goes through four stages. What is the correct order for these stages?

• A) increases at an increasing rate, increases at a decreasing rate, decreases, reaches a maximum
• B) increases at an increasing rate, increases at a decreasing rate, reaches a maximum, decreases
• C) increases at a decreasing rate, increases at an increasing rate, reaches a maximum, decreases
• D) increases at an increasing rate, reaches a maximum, increases at a decreasing rate, decreases