Which one of the following pairs is not correctly matched?
A. Elasticity of production greater than unity - Stage 2nd of classical production function
B. Negative marginal product - Stage 3rd of classical production function
C. Negative elasticity of production - Stage 3rd of classical production function
D. Average product decrease but is greater than MP - Stage 2nd of classical production function
Answer: Option A
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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