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SANDEEP GARG-PRODUCTION FUNCTION-Short Answer Type Questions
- Point of Inflexion' is represented by :
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- When marginal product rises, total product : (Choose the correct alter...
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- What is meant by variable factor and fixed factor ? Give two examples ...
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- Define the following terms : (i) Total product, (ii) Average product, ...
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- What is meant by returns to a factor? State the law of diminishing ret...
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- State the relation between Marginal Product and Average Product. Use d...
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- What is meant by returns to a factor ? What leads to increasing return...
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- What is meant by diminishing returns to a factor ? Why does it occur ?
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- In which phase a rational producer will operate in the short run ?
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- What does the Law of Variable Proportions show ? State the behaviour o...
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- What does the Law of Variable Proportions show ? State the behaviour o...
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- State the phases in the behaviour of Total Product as per the Law of V...
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- Giving reasons, explain the 'Law of Variable Proportions'.
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- Discuss the concepts of Short Run Production Function and Long Run Pro...
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- What type of production function is this in which only one input is in...
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