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CBSE Notes 2011-2012 » XII-Economics

PRODUCER BEHAVIOUR AND SUPPLY

What is the law of diminishing marginal product ? [NCERT]

Short answer question

What is the law of diminishing marginal product ? [NCERT]

What is the law of variable proportions ? [NCERT]

Short answer question

What is the law of variable proportions ? [NCERT]

Give meaning of increasing returns to a factor.

Short answer question

Give meaning of increasing returns to a factor.

List any three inputs used in production.

Short answer question

List any three inputs used in production.

What is meant by total physical product (TPP) ? Or What is the total product of an input ?

Short answer question

What is meant by total physical product (TPP) ?
Or
What is the total product of an input ?

What is meant by average physical product (APP) ? Or What is average product of an input ?

Short answer question

What is meant by average physical product (APP) ?
Or
What is average product of an input ?

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