MCQ
"Identify the correct sequence of alternatives given in Column II by matching them with respective items in Column I:
Column I  Column II
A. Long run production function(i) $TP _n- TP _{ n -1}$
B. Short period(ii) So long as $MP > AP$
C. Marginal product(iii) Production capacity remains constant
D. Total Product(iv) Factor ratio does not change with change in the volume of output
  • A
    A-(iii), B-(ii), C-(iv), D-(i)
  • B
    A-(iv), B-(ii), C-(iii), D-(i)
  • A-(iv), B-(iii), C-(i), D-(ii)
  • D
    A-(ii), B-(iv), C-(i), D-(iii)

Answer

Correct option: C.
A-(iv), B-(iii), C-(i), D-(ii)
(c)

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