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प्रश्न
Product obtained from additional factors of production is termed as
पर्याय
Marginal product
Total product
Average product
Annual product
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उत्तर
Marginal product
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संबंधित प्रश्न
State the behaviour of marginal product in the law of variable proportions. Explain the causes of this behaviour
State the different phases of change in the total product according to the Law of Variable Proportions. Use diagram
What is the law of variable proportions?
The short-run production is studied through
Mention the economies reaped from inside the firm
Modern economists have propounded the law of
Define Marginal Product of a factor.
Why is the AVC curve U-shaped?
At the point of inflexion, ______ is maximum.
With the help of a diagram, explain the relationship between Average Product and Total Product under the Law of Variable Proportions.
What is marginal product?
With the help of a suitable diagram, discuss the relationship between Average product and Marginal Product.
Which stage of the Law of Variable proportions will be the best for the producer? Explain with a reason.
What is the formula for calculating Average Product?
Which stage is shown when total production drops and marginal product becomes negative?
Why should businesses study the law of variable proportions?
