Geometrically, the Average Product

question 23

Multiple Choice

Geometrically, the average product

• A)is the slope of the line joining the origin to the specified point on the total product curve.
• B)at any point is the slope of the total product curve at that point.
• C)is that point at which the total product curve exhibits diminishing returns.
• D)falls at low levels of input use and rises at high levels of input use.

---

Definitions:

Club Fungi

A group of fungi characterized by the production of spores on club-shaped structures called basidia.

Ascomycota

Ascomycota, also known as sac fungi, is a division of fungi that store their spores in a sac-like structure called an ascus.

Basidiomycota

A phylum of fungi characterized by producing spores on basidia, often found as mushrooms, toadstools, smuts, rusts, and puffballs.

Black Bread Mold

A common type of fungus that grows on bread and other food items, causing spoilage.