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Production Function

The document is an examination paper for Class 11 Economics focusing on the production function. It includes multiple-choice questions, true/false statements, and problem-solving tasks related to total product, marginal product, and average product. The paper is designed to challenge students' understanding of production concepts and their applications.

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Economics 11th
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44 views2 pages

Production Function

The document is an examination paper for Class 11 Economics focusing on the production function. It includes multiple-choice questions, true/false statements, and problem-solving tasks related to total product, marginal product, and average product. The paper is designed to challenge students' understanding of production concepts and their applications.

Uploaded by

Economics 11th
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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B U ACADEMY

CLASS 11 - ECONOMICS
PRODUCTION FUNCTION
Time Allowed: 1 hour Maximum Marks: 20
General Instructions:

1 ) MIRZAPUR WILL NOT HELPS YOU TO DO THIS PAPER .


2 ) BRACE YOURSELF , PAPER IS NOT DESIGNED FOR THE FAINT HEARTED.

Section A
1. How is APP derived from TPP [1]

a) Subtraction of MPPs b) Dividing TPP by MPP

c) Addition of MPPs d) Dividing TPP by units of variable


factor
2. In short run which of the following factors can be changed easily [1]

a) Fixed factors b) None

c) Variable factors d) All the factors


3. Who is survived in the shootout in Dada's factory . [1]

a) Guddu bhaiya b) Bade

c) Chote d) Mamu
4. In short run TPP changes with the change in [1]

a) Average product b) Average cost

c) Total Product d) Marginal Product


Section B
5. State true or false: [1]
A rational consumer prefers to operate in stage two of returns to factor.
Section C
6. In which run some factors of production are fixed and others are variable? [1]
7. Identity the three phases in the law of variable proportion from following information: [4]

Units of Variable Input Total Products (Units)

0 0

1 4

2 14

3 22

4 28

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Udit Wadhwa
5 32

6 34

7 34

8 32

8. Explain the relationship between Toatal product & Marginal product . [4]
9. Find out the missing values from the following table: [6]

Variable Factors 0 1 2 3 4 5 6 7

TP (in units) - - - - 25 - - -

AP (in units) - 5 - - - - - -

MP (in units) - - 8 4 - 5 0 -4

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Udit Wadhwa

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