Given $${\text{Y}} = 25{\text{X}}_1^{0.35}\,{\text{X}}_2^{0.49}$$ , where Y = input, X1 = input 1, X2 = input 2. The nature of returns to scale will be
A. increasing
B. decreasing
C. constant
D. fluctuating
Answer: Option B
A. increasing
B. decreasing
C. constant
D. fluctuating
Answer: Option B
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
Y= output...
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