Which one of the following production function best example the returns to scale effect?
A. $${\text{Y}} = {\text{aX}}_1^{{\alpha _1}},\,{\text{X}}_1^{{\alpha _2}},\,{\text{X}}_1^{{\alpha _3}},\,.\,.\,.\,.\,.\,.\,.\,{\text{X}}_{\text{n}}^{{\alpha _{\text{n}}}}$$
B. $${\text{Y}} = {{\text{a}}_0} + {{\text{a}}_1}{{\text{X}}_1} + {{\text{a}}_2}{{\text{X}}_2} + {{\text{a}}_3}{{\text{X}}_3}\,.\,.\,.\,.\,.\,.\,.\,{{\text{a}}_{\text{n}}}{{\text{X}}_{\text{n}}}$$
C. $${\text{Y}} = {{\text{a}}_0} + {{\text{a}}_1}{\text{X}} + {{\text{a}}_2}{{\text{X}}^2} + {{\text{a}}_3}{{\text{X}}^3}\,.\,.\,.\,.\,.\,.\,.\,{{\text{a}}_{\text{n}}}{{\text{X}}^{\text{n}}}$$
D. $$\frac{{\text{Y}}}{{{{\text{X}}_1}}} = {{\text{a}}_0} + {{\text{a}}_1}{{\text{X}}_1} + {\alpha _2}\left( {\frac{{{{\text{X}}_2}}}{{{{\text{X}}_1}}}} \right)\,.\,.\,.\,.\,.\,.\,.\,{\alpha _{\text{n}}}\left( {\frac{{{{\text{X}}_{\text{n}}}}}{{{{\text{X}}_1}}}} \right)$$
Answer: Option A
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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