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In general, most of the production funct...

In general, most of the production functions measures :

A

Productivity of factors of production

B

Economical relation between the factors of production

C

Technical relation between inputs and output.

D

None of these

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The correct Answer is:
C
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SANDEEP GARG-PRODUCTION FUNCTION-REVISION EXERCISE
  1. Which phase of Law of Viriable Proportions has been ruled out on the g...

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  2. A rational producer always aims to operate in of Law of Variable Prop...

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  3. In general, most of the production functions measures :

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  4. Product per unit of labour employed is termed as :

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  5. When AP is maximum, MP is equal to:

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  6. Variable factors refer to those factors of production :

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  7. Both AP and MP curves are generally :

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  8. In describing a given production technology, the short run is best des...

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  9. is the period of time in which all the factors of production are varia...

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  10. The 'Marginal Product' of a variable input is best described as :

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  11. On the basis of following schodule, answer the following questions : ...

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  12. On the basis of following schodule, answer the following questions : ...

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  13. On the basis of following schodule, answer the following questions : ...

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  14. What is the maximum point of TP ?

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  15. Average Product can have :

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  16. Which of the following is correct ?

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  17. At the Point of Inflexion :

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  18. When AP falls due to increase in quantity of variable input :

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  19. The Law of deals with input-output relationship, when the output is i...

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  20. According to Law of Variable Proportions, when we increase quantity of...

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