单选题
Which of the following conditions is most likely to exist for a
typical production process when average product is at its maximum?
A. Marginal product is increasing.
B. Marginal product is at a minimum.
C. Average variable cost is at a minimum.
【正确答案】
C
【答案解析】When average product is at a maximum, average variable cost is at a minimum. At the corresponding labor and output level, marginal product is decreasing and marginal cost is increasing