Скачать или смотреть RELATIONSHIP BETWEEN TP & MP I CLICK 👆🏻To watch full Ch: PRODUCTION FUNCTION CLASS 11 ECONOMICS

CLICK ON "RELATED VIDEO" TO WATCH FULL LECTURE
LECTURE BY SRCC GRADUATE 🎓 II SANYAM BHAYANA II VIDYAM II BEST ECONOMICS TEACHER 📚

Class 11 Economics 📊
Chapter 5: Production and Costs
Topic: Relationship Between Total Product (TP) & Marginal Product (MP) 📈
━━━━━━━ ✦ ━━━━━━━
👉 Total Product (TP) is the total quantity of output produced by a firm using a given quantity of inputs.
👉 Marginal Product (MP) is the additional output produced by using one more unit of a variable input, keeping other inputs constant.
👉 When MP is positive and rising, TP increases at an increasing rate.
👉 When MP is positive but falling, TP increases at a decreasing rate.
👉 When MP becomes zero, TP is at its maximum.
👉 When MP is negative, TP starts to decline.

🔸 Example: If adding one more worker increases output by 5 units, MP = 5. If adding another worker increases output by 3 units, MP = 3, showing diminishing returns.

📌 Understanding the TP-MP relationship is essential for firms to optimize input use and maximize output efficiently.
━━━━━━━ ✦ ━━━━━━━

🎯 This video explains the simple and best meaning of the relationship between Total Product and Marginal Product with clear examples for easy understanding by Class 11 commerce students.

This video is perfect for Class 11 and Class 12 commerce students of CBSE, ICSE, UP Board, Punjab Board, Bihar Board, Haryana Board, MP Board, and other state boards 🏫📚.

To get the best content of Class 11 & 12 Commerce subjects: Accountancy, Economics, Business Studies — Please Like 👍, Share 🔄 and Subscribe 🔔 to our channel and leave your feedback in the comments 💬.

If you want the best Commerce YouTube channel, best Commerce teacher, best Accounts teacher, or the best teacher for Economics and Business Studies, then Vidyam is the right platform for you 🚀.
Study from SRCC Graduates and become the topper of Commerce Stream 🏆📚.

YOUR QUERIES:
Total Product and Marginal Product Relationship
TP and MP Class 11 Economics
Total Product Meaning
Marginal Product Meaning
Production Function Class 11
Class 11 Microeconomics
Economics Class 11 Production
TP MP Graph