Home
Class 11
ECONOMICS
The total output generated by the first ...

The total output generated by the first four units of variable input is 200 units, 350 units, 450 units and 500 units. The marginal product of the third unit of input is :

A

50 units

B

100 units

C

150 units

D

200 units

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Topper's Solved these Questions

  • PRODUCTION FUNCTION

    SANDEEP GARG|Exercise Short Answer Type Questions|15 Videos

  • PRODUCTION FUNCTION

    SANDEEP GARG|Exercise Long Answer Type Questions|12 Videos

  • PRODUCTION FUNCTION

    SANDEEP GARG|Exercise Very Short Answer Type Question|25 Videos

  • PRODUCER'S EQUILIBRIUM

    SANDEEP GARG|Exercise Unsolved Practicals|12 Videos

  • REVENUE

    SANDEEP GARG|Exercise UNSOLVED PRACTICALS|21 Videos

Similar Questions

Explore conceptually related problems

If average product of employing one unit of variable input is 10 units and that of 2 units of variable inputs is 13 units, the marginal product of 2 units of variable inputs is :

Output Unit

.........is defined as the output per unit of variable input.

Input Unit

Derived units are the units of

SANDEEP GARG-PRODUCTION FUNCTION-REVISION EXERCISE
  1. When AP is maximum, MP is equal to:

    Text Solution

    |

  2. Variable factors refer to those factors of production :

    Text Solution

    |

  3. Both AP and MP curves are generally :

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  10. What is the maximum point of TP ?

    Text Solution

    |

  11. Average Product can have :

    Text Solution

    |

  12. Which of the following is correct ?

    Text Solution

    |

  13. At the Point of Inflexion :

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  17. Which of the following is not a phase in the Law of Variable Proportio...

    Text Solution

    |

  18. The total output generated by the first four units of variable input i...

    Text Solution

    |

  19. If TP of employing one unit of variable factor is 12 units and that of...

    Text Solution

    |

  20. Which of the following is correct statement showing showing the relati...

    Text Solution

    |