Consider the following statements :
In the first zone of production function
1. The APP is increasing and then decreasing
2. The MPP is increasing and then decreasing
3. TPP is increasing
4. APP is decreasing
Which of the above statements are correct
A. 1 and 2
B. 2 and 3
C. 1 and 4
D. None of these
Answer: Option B
Related Questions on Agricultural Economics
Cost calculated for per hectare is known as
A. Cost of cultivation
B. Cost of production
C. Cost of farming
D. Fixed cost
The gross agricultural area in Rajasthan during 2011 was
A. 193.10 lakh hectares
B. 183.49 lakh hectares
C. 193.20 lakh hectares
D. 194.33 lakh hectares
A. Economic holding
B. Basic holding
C. Optimum holding
D. None of the above
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