Production Analysis Three Marks Questions

11th Standard

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Economics

Time : 00:45:00 Hrs
Total Marks : 30
    10 x 3 = 30
  1. What are the characteristics of land?

  2. What are the factors governing elasticity of supply?

  3. What are the functions of Entrepreneur?

  4. State and explain the elasticity of supply.

  5. Bring out the relationship among Total, Average and Marginal Products.

  6. Illustrate the concept of producer's Equilibrium.

  7. State the Cobb Douglas production function.

  8. Explain Iso quant map with the help of diagram.

  9. Explain the characteristics of Capital?

  10. State and explain laws of return to scale?

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