Question

Match List-I with List-II. 

List-I	List-II
(A) Marginal product is maximum	(I) Total product is maximum
(B) Marginal product is zero	(II) Total product increases at constant rate
(C) Marginal product decreases	(III) Inflection point of total product curve
(D) Marginal product is constant	(IV) Total product increases at decreasing rate

Choose the correct answer from the options given below.

• (A) - (III), (B) - (II), (C) - (I), (D) - (IV)
• (A) - (II), (B) - (IV), (C) - (I), (D) - (III)
• (A) - (I), (B) - (II), (C) - (IV), (D) - (III)
• (A) - (III), (B) - (I), (C) - (IV), (D) - (II)

Hint:

Key relationships to memorize:
- Max MP \(\rightarrow\) Inflection point of TP.
- Zero MP \(\rightarrow\) Maximum TP.
- Decreasing (but positive) MP \(\rightarrow\) TP increases at a decreasing rate.

Answer 1

The Correct Option is D