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CBSE - XII Commerce - Microeconomics - Production and Costs
Find out the average physical product and marginal product from the total product given below? Units of Variable Factor Total Product 0 0 1 4 2 12 3 24 4 32 5 34 6 30
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25th April 2016,
2:20 PM
CBSE - XII Commerce - Microeconomics - Production and Costs
Complete the table given below with the assumption that for every additional unit of the variable input, the marginal product decreases by 2 units of output. Units of Variable Factor Input TP AP MP 1 2 3 4
Asked by Topperlearning User
25th April 2016,
2:20 PM
CBSE - XII Commerce - Microeconomics - Production and Costs
Define Marginal Product.
Asked by Topperlearning User
25th April 2016,
2:20 PM
CBSE - XII Commerce - Microeconomics - Production and Costs
Define Average Product.
Asked by Topperlearning User
25th April 2016,
2:20 PM
CBSE - XII Commerce - Microeconomics - Production and Costs
Define Total Product.
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25th April 2016,
2:20 PM
CBSE - XII Commerce - Microeconomics - Production and Costs
Distinguish between a firm in the short run and long run.
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25th April 2016,
2:20 PM
CBSE - XII Commerce - Microeconomics - Production and Costs
What is the difference between fixed input and variable input?
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25th April 2016,
2:20 PM
CBSE - XII Commerce - Microeconomics - Production and Costs
What is production function?
Asked by Topperlearning User
25th April 2016,
2:20 PM
