At the point of inflexion: (2024)

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Relationship between TP, MP and AP Curves

At the point ...

Question

A

Average product is maximum

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C

Total product is maximum

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D

None of the above

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Solution

The correct option is B

Marginal product is maximum

Point of inflexion is the point where the slope of the TP curve reaches the maximum and starts decreasing. At this point, MP is maximum.


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At the point of inflexion: (2024)

FAQs

At the point of inflexion:? ›

A point of inflection occurs at a point where d2y dx2 = 0 AND there is a change in concavity of the curve at that point. For example, take the function y = x3 + x. dy dx = 3x2 + 1 > 0 for all values of x and d2y dx2 = 6x = 0 for x = 0.

What is meant by point of inflexion? ›

The point of inflection or inflection point is a point in which the concavity of the function changes. It means that the function changes from concave down to concave up or vice versa.

How do you show the point of inflexion? ›

A point of inflection is found where the graph (or image) of a function changes concavity. To find this algebraically, we want to find where the second derivative of the function changes sign, from negative to positive, or vice-versa.

What is an example of a point of inflection? ›

Consider the function f(x) = x^3 - 6x^2 + 9x - 5. Then f'(x) = 3x^2 - 12x + 9, and f"(x) = 6x - 12. The critical points are x = 1 and 3, but the only inflection point is x = 2!

What is positive point of inflexion? ›

A rising point of inflection is a point where the derivative is positive on both sides of the point; in other words, it is an inflection point near which the function is increasing.

What is the difference between inflection and inflexion? ›

Inflection and inflexion are both English terms. Inflection is predominantly used in 🇺🇸 American (US) English ( en-US ) while inflexion is predominantly used in 🇬🇧 British English (used in UK/AU/NZ) ( en-GB ).

What is an example of inflexion in a sentence? ›

Examples from Collins dictionaries

The man's voice was devoid of inflection. 'Seb?' he said, with a rising inflection.

Is a point of inflexion a turning point? ›

Yes, it is. A point of inflection is a turning point in a function where the slope of the tangent line is equal to zero. This means that the function is neither increasing nor decreasing at that point. Instead, it is changing direction from one slope to another.

What does point of inflexion mean in production function? ›

Point of inflexion is the point where the slope of the TP curve reaches the maximum and starts decreasing. At this point, MP is maximum.

What makes a point of inflection? ›

Inflection points (or points of inflection) are points where the graph of a function changes concavity (from ‍ to ‍ or vice versa). Want to learn more about inflection points and differential calculus?

What does point of inflection mean in real life? ›

In mathematics, an inflection point is where the curvature of a function changes its direction, either from concave to convex or vice versa. In the real world, any key event that dramatically changes the trajectory of a business, industry, or economy can be regarded as an inflection point.

What are 5 examples of inflection? ›

English inflection indicates noun plural (cat, cats), noun case (girl, girl's, girls'), third person singular present tense (I, you, we, they buy; he buys), past tense (we walk, we walked), aspect (I have called, I am calling), and comparatives (big, bigger, biggest).

What does the phrase inflection point mean? ›

a time of sudden, noticeable, or important change in an industry, company, market, etc.: The invention (by Intel) of the microprocessor was an inflection point.

What is the significance of the point of inflexion? ›

The study of various types of data curves and graphs of functions is very important to us. Inflection points allow us to understand and predict changes in the curvature of different curves and graphs of functions.

How do you find the point of inflexion? ›

A point of inflection occurs at a point where d2y dx2 = 0 AND there is a change in concavity of the curve at that point. For example, take the function y = x3 + x. dy dx = 3x2 + 1 > 0 for all values of x and d2y dx2 = 6x = 0 for x = 0.

What is inflexion in grammar? ›

inflection noun (GRAMMAR)

a change in or addition to the form of a word that shows a change in the way it is used in sentences: If you add the plural inflection "-s" to "dog" you get "dogs". In the present tense we say "he sits", because the third person singular inflection of the verb is -s.

Is an inflection point a good thing? ›

Inflection points can change the course of your life and career. And in a business setting, inflection points can redirect a company to new growth and opportunities.

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