Download App

Production and cost — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost1 Mark
MCQ
Diminishing marginal returns for the first four units of a variable input is exhibited by the total product sequence:
  • A
    $50,50,50,50$
  • B
    $50, 110, 180, 260$
  • C
    $50, 100, 150, 200$
  • ✓
    $50, 90, 120, 140$
✓

Answer

Correct option: D.
$50, 90, 120, 140$

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q (1 Marks)" from Production and cost→Production and cost — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

How are the two goods (apples and oranges) related when, as a result of rise in the price of apples, demand for oranges increases?
→
Price theory deals with:
→
What is the value of elasticity of demand on rectangular hyperbola demand curve?
→
When $TP$ is falling, then $MP$ is:
→
In case of single commodity, the consumer will be in equilibrium when $......$
→
Which of the following equations is correct?
$(AP:$ Average product$)$
$(Q:$ Output$)$
$(L:$ Variable factor$)$
$(MP:$ Marginal Product$)$
→
Marginal product, mathematically, is the slope of the:
→
Under what condition, equilibrium price will increase and equilibrium quantity will decrease?
→
In the situation of market equilibrium:
→
In case of a straight line demand curve meeting the two axes, the price-elasticity of demand at the midpoint of the line would be:
→