Economics · Production and Costs
Match List-I with List-II: List-I: (A) Relationship between variable input and output. (B) Output per unit of variable input. (C) Change in output per unit of change in the variable input. (D) The marginal product of a factor input initially rises with its employment level. List-II: (I) Average Product (II) Marginal Product (III) Law of Variable Proportions (IV) Total Product
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(A)-(IV), (B)-(I), (C)-(II), (D)-(III)✓
- 2(A)-(I), (B)-(III), (C)-(II), (D)-(IV)
- 3(A)-(I), (B)-(II), (C)-(IV), (D)-(III)
- 4(A)-(III), (B)-(IV), (C)-(I), (D)-(II)
Correct answer
(A)-(IV), (B)-(I), (C)-(II), (D)-(III)
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