Advertisements
Advertisements
प्रश्न
Choose the correct alternative from given options:
In the given figure, the movement on the production possibility curve from point A to point B shows _____________.
विकल्प
Growth of all the resources in the economy.
Underutilisation of resources.
Production of more units of Good X and less units of Good Y.
Production of more units of Good Y and less units of Good X.
Advertisements
उत्तर
In the given figure, the movement on the production possibility curve from point A to point B shows the production of more units of good X and less units of Good Y.
Hence, the correct answer is option Production of more units of Good X and less units of Good Y.
संबंधित प्रश्न
Assuming that no resource is equally efficient in production of all goods, name the curve which shows production potential of the economy. Explain, giving reasons, its properties.
Production in an economy is below its potential due to unemployment. Government starts employment generation schemes. Explain its effect using production possibilities curve.
Give the meaning and characteristics of production possibility frontier.
Giving reason comment on the shape of production possibilities curve based on the following schedule:
| Good X (units) | Good Y (units) |
| 0 | 8 |
| 1 | 6 |
| 2 | 4 |
| 3 | 2 |
| 4 | 0 |
Define Production Possibilities Curve. Explain why it is downward sloping from left to right.
Define flow variable.
Define flow variable.
What do you mean by the production possibilities of an economy?
______ are economic units that carry out the production.
Production possibility curve slopes downwards from ______ to ______.
Which of the following is the result of increase in price of factors of production?
Which of the following statement is true:
______ shows the functional relationship between output and cost of production.
Which of the following statement is false?
The total output generated by the first four units of variable input is 200 units, 350 units, 450 units and 500 units. The marginal product of the third unit of input is:
