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Differentiate , between Short Period and...

Differentiate , between Short Period and Long Period.

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FULL MARKS-PRODUCTION-NCERT TEXTBOOK QUESTIONS SOLVED
  1. Marginal product, mathematically, is the slope of the

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  2. Diminishing marginal returns for the first four units of a variable in...

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  3. Differentiate , between Short Period and Long Period.

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  4. Differentiate between Short Period production and Long Period producti...

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  5. Explain the relationship between Marginal product and Average Product....

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  6. Explain the relationship between Total Product and Average Product.

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  7. Explain the relationship between Total Product, Average Product and Ma...

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  8. What is the reaction of AP, when: (i) MP is more than AP. (ii) MP ...

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  9. What is the behaviour of TP, when (i) MP rises (ii) MP falls, but...

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  10. Complete the following table.

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  11. Complete the following table.

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  12. Complete the following table:

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  13. What is the law of variable proportions? OR Define the law of vari...

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  14. Complete the following table:

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  15. When the quantity of a variable input is increased from 3 units to 4 u...

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  16. When the quantity of a variable input is increased from 4 to 6 units, ...

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  17. When the marginal product of a variable input falls, total product als...

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  18. When there are diminishing returns to a factor, total product always d...

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  19. Total product will increase only when marginal product increases.

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  20. Increase in total product always indicates that there are increasing r...

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