Producer Behaviour and Supply-Production Function (CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics): Questions 19 - 30 of 49

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Question number: 19

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Distinguish between Marginal utility and Total utility

Explanation

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Question number: 20

» Producer Behaviour and Supply » Production Function

Short Answer Question▾

Write in Short

Give one reason for a rightward shift of the Production Possibility Curve

Question number: 21

» Producer Behaviour and Supply » Production Function

Short Answer Question▾

Write in Short

Give two reasons for the problem of choice.

Question number: 22

» Producer Behaviour and Supply » Production Function

Essay Question▾

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Distinguish between Developmental expenditure and non-developmental expenditure.

Explanation

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Question number: 23

» Producer Behaviour and Supply » Production Function

Short Answer Question▾

Write in Short

What does the problem ‘for whom to produce’ refer to?

Question number: 24

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Explain why production possibility frontier is concave.

Explanation

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Question number: 25

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Explain, with the help of numerical examples, the effect on total output of a good when all the inputs used in production of that good are increased simultaneously and in the same proportion.

Explanation

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Question number: 26

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Explain what happens to losses in the long run if the firms are free to leave the industry.

Explanation

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Question number: 27

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Explain what happens to the profits in the long run if the firms are free to enter the industry.

Explanation

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Question number: 28

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Explain “Returns to Scale” using numerical examples. Give reasons.

Explanation

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Question number: 29

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Explain the central problem ‘how to produce’.

Explanation

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Question number: 30

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Calculate ‘intermediate consumption’ from the following data:

Calculate intermediate consumption

Find the intermediate consumption

-

( Rs. lakhs)

Value of output

200

Net value added at factor cost

80

Sales tax

15

Subsidy

5

Depreciation

20

Explanation

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