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FULL MARKS-PRODUCTION-NCERT TEXTBOOK QUESTIONS SOLVED
- When does a production function satisfy increasing returns to scale?
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- When does a production function satisfy decreasing returns to scale?
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- The following table gives total product schedule of labour. Find avera...
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- The following table gives the average product schedule of labour. Find...
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- The following table gives the marginal product schedule of labour. It ...
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- Let the production function of a firm be Q=5L^(1//2)K^(1//2) . Find th...
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- Let the production function of a firm be Q=2L^(2) K^(2). Find out the...
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- Find out the maximum possible output for a firm with zero unit of L an...
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- Explain the concept of a production function.
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- In which run some factors of production are fixed and others are varia...
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- What change will take place in marginal product when total product inc...
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- In which phase of Law of Variable Proportions a rational firm aims to ...
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- What is meant by diminishing returns to a factor?
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- What is the general shape of the AP and MP curves?
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- How does fall in marginal production affect total output?
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- Why MP curve cuts AP curve at its maximum point?
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- Can AP rise when MP starts declining?
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- What is the shape of AP and MP?
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- Give meaning of "Return to a Factor".
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- The marginal product of a variable input is best described as:
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