Producer Behaviour and Supply-Production Function (CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics): Questions 40 - 49 of 49

Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 523 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. View Sample Explanation or View Features.

Rs. 900.00 or

Question number: 40

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Explain ‘consumption function’ with help of a schedule. Also record marginal propensity to consume in the schedule.

Explanation

… (107 more words) …

Question number: 41

» 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

… (96 more words) …

Question number: 42

» Producer Behaviour and Supply » Production Function

Short Answer Question▾

Write in Short

Define ‘Marginal Rate of Transformation’.

Question number: 43

» 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

… (75 more words) …

Question number: 44

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Explain ‘saving function’ with the help of schedule and diagram.

Explanation

… (120 more words) …

Question number: 45

» Producer Behaviour and Supply » Production Function

Short Answer Question▾

Write in Short

Define ‘Production function’.

Question number: 46

» Producer Behaviour and Supply » Production Function

Short Answer Question▾

Write in Short

What does a rightward shift of production possibility curve indicate?

Question number: 47

» Producer Behaviour and Supply » Production Function

Short Answer Question▾

Write in Short

Give meaning of Production function

Question number: 48

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

State the phases of the law of variable proportions in terms of total physical product and marginal physical product.

Explanation

… (213 more words) …

Question number: 49

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

State the phases of the law of variable proportions in terms of total physical product. Use diagram.

Explanation

… (319 more words) …

f Page
Sign In