Question types

Production Analysis question types

48 questions across 3 question groups — pick any mix to generate a Economics paper with step-by-step answer keys.

48
Questions
3
Question groups
5
Question types
Sample Questions

Production Analysis questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 1MCQ1 Mark
α + β = 1 refers _______
  • A
    Increasing returns to scale
  • Constant return to scale
  • C
    Diminishing returns to scale
  • D
     None

Answer: B.

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Q 2MCQ1 Mark
In the production process _______ bears uncertainty.
  • A
    Manager
  • B
    Labour
  • Entrepreneur
  • D
    None

Answer: C.

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Q 3MCQ1 Mark
The technological relationship between inputs and output is called ……………………….
  • Production function
  • B
    Technical function
  • C
     Capital function
  • D
    Organiser function

Answer: A.

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