单选题
Which of the following most accurately describes the condition that
typically exists when marginal product is at a maximum?
A. Marginal cost is at a minimum.
B. Average product is at a minimum.
C. Average variable cost is increasing.
【正确答案】
A
【答案解析】Marginal product is at a maximum when marginal cost is at a minimum. At the corresponding labor and output levels, average variable cost is decreasing and average product is increasing.