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11th Standard English Medium Economics Subject Production Analysis Creative 3 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 15

    3 Marks

    5 x 3 = 15
  1. Distinguish between Total Product (TP) and Average Product (AP).

  2. What are the assumptions of Law of variable proportion.

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

  4. What are the assumptions of law of supply?

  5. Bring out the differences between short run and long run production function.

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