Production analysis - class-IX
Description: production analysis | |
Number of Questions: 135 | |
Created by: Karuna Seth | |
Tags: production analysis producer behaviour and supply factors of production economics story of a village production function fundamental concepts and terminologies production and costs how does production take place? laws of returns - returns to a factor and returns to scale |
In the long run production function all inputs are fixed.
In the long run there is enough time for the firm to cover its losses and earn normal profits. This is because in the long run, all inputs are __________.
The period of time in which the plant capacity can be varied is known as __________.
In the case of very short period ______ is variable.
In short run when the level of production increases, average fixed cost will____.
In the long run ___________.
____ refers to that period in which supply of a commodity can be increased or decreased depending upon changed condition of demand.
Which of these statement is more appropriate for Fixed costs ____________?
In the short run with the increase in output ____________.
Whether a firm will plan for short-run or long-run production depends upon the __________.
In economics, _______ is a period where all factors/inputs are variable.
In economics, ________ is a period where some factor inputs are fixed, while the others are variable.
The short run is characterized by ___________.
To economists, the main difference between the short run and the long run is that _____________.
"Law of diminishing returns" or "Law of variable proportion" operate in ___________.
The "law of diminishing returns" applies to _________.
In describing a given production technology, the short run is best described as lasting __________.
Which of the following statement is true?
The term ______ is defined as that length of time over which the firm gets an opportunity to vary if need be the quantities of all its inputs.
In the long run production function all inputs are fixed.
In the long run _________.
Which of the following is an assumption in the Law of Variable Proportions?
Law of Returns to Scale indicates the responsiveness of total product when all inputs ________________.
In a small scale rubber plant, factors of production like labour, material and capital are increased by 10% and output increases. It implies that the Firm is experiencing ________.
A short-run production function is one which has ___________.
All primary occupations like agriculture, animal husbandry, poultry farming, fisheries, dairying, forestry, etc. are land oriented.
All sources of power, i.e. hydro-electricity, Wind energy, thermal power, diesel, , oil, etc. emanate from ____________.
Manufacturing industries get diverse type of ___________ from land.
The land is a passive factor of production because it cannot produce anything on its own.
In under-developed countries, _________ provide the basis of employment.
The land is a _________ factor of production.
Natural resources, emanating from land, play an important role in the economic development of a country.
The productivity of land can be ________ with the help of improved seeds, chemical manures, and machines.
The productivity of land refers to extent of efficiency.
The productivity of land is determined by its natural qualities and its _________.
The State's negligence towards agriculture is regarded as one of the main causes of agricultural backwardness. This results in low productivity.
Land influences the economic growth of a country.
Land does not maintain ecological balance.
For better agricultural productivity, the location of land near __________ is desirable.
The competence and ability of a __________ directly affects the productivity of land.
Improved techniques have increased the productivity of the land.
Surplus earned by a factor land in a short period of time referred to as ________.
Which of the following resources is most scarce?
Seawater, fresh air, etc are regarded in Economics as _________.
Rent paid by a residential tenant to the owner is a part of ________.
The cost of land as a factor of production is _________.
_____is not a characteristic of land.
_____these resources would be called as land in economics.
______ has a flat supply curve.
Which of these is/are not characteristic of land as a factor of production.?
Which of the following factor of production is free gift of nature?
Which of the following is true regarding "land" as a factor of production?
Which of the following statements is correct?
In economics, land includes natural resources -
(I) On the surface like soil, agricultural land
(II) Below the surface like mineral resources, rocks, ground water
(III) Above the surface like climate, rain, space, monitoring.
Select the correct answer from the options given below:-
Which of the following is not true regarding "land" as a factor of production?
Which of the following is not a characteristic of land?
Which of the following is not a characteristic of land?
Which of the following is not true regarding 'land' as a factor of production?
Which of the following is true regarding 'land' as a factor of production?
_____ can kill bacteria and other micro organisms in the soil.
To grow more than one crop on a piece of land during the year is known as ______.
Bigha and Guntha are _____.
Which state was among the first to try out modern farming methods in India?
Which of the following is a fixed capital?
Which input is not a working capital?
Which of the following is an example of working capital?
Multiple cropping refers to ______.
Increased use of ________ and __________ on a particular plot of land leads to an increase in crop production at a diminishing rate.
Products like food grains, minerals, metals, timber, leather, hides and skins, wool, tea, jute, petroleum, milk, butter, etc. are tradable products of _________.
Land is used for alternative purposes, like ___________.
The land includes __________.
Who defined land as "By land is meant not merely land in the strict sense of the word, but whole of the materials and forces which nature gives freely for man's aid in land and water, in air, light and heat"?
Which of the following is the basis of transport?
Land is the basis of life as we depend on land for our subsistence, residence and other necessities of life.
The land ownership laws prevailing in a country have a significant influence on the productivity of the land.
Insecurity of Tenancy Rights which may cause eviction of poor tenancy farmers makes them uninterested to ____________.
What is the fundamental factor that affects the productivity of land?
Which of the following have a positive effect on the productivity of land?
The average productivity of land is defined as the output obtained from land divided by ____________.
Which of the following highlight/s the importance of land?
The productivity of land depends on the availability of ____________ as land alone cannot produce anything without it.
Economic rent refers to which of the following?
If more and more capital and labour are employed on a piece of land after a certain point, the output increases by _________.
_____is/are characteristic of land.
The supply curve of land is __________.
Which of these is not land in economics?
Which of the following will have a flat supply curve?
Supply of land is ________.
The supply of land is _______.
Land in economics, means __________.
State the factor that is fixed in the short run.
India accounts for ________of world surface area.
Land refers to -
Reserves of Crude Oil is an example of ________ , as a Factor of Production.
Gold Mines is an example of ________ , as a Factor of Production.
As a Factor of Production, the Supply of Land is _____________ from the viewpoint of the entire economy.
Which of these is included in "Land" as a Factor of Production?
As a Factor of Production, Land is _______________.
As a Factor of Production, Land is ___________________.
As a Factor of Production, "Land" is one of the ________ means of Production.
Land refers to _______________.
As a Factor of Production, Land is ________________.
Anything available above the earth's surface is called "Land". This statement is ___________________.
Which one of the following is not a characteristic of land ________________.
As a Factor of Production, the Supply of Land is perfectly inelastic from the viewpoint of ____________________.
As a Factor of Production, Land has certain inherent properties, e.g. Fertility. These properties are ________________.
As a Factor of Production, Land lacks mobility in the ________ sense.
As a Factor of Production, the Supply of Land is relatively elastic from the viewpoint of ___________________.
As a Factor of Production, Land is permanent. This means that Land ___________________.
As a Factor of Production, Land is mobile across ____________.
No two pieces of land are exactly alike in all respects. This statement is ______________.
If Land is used for productive purposes, its fertility is reduced. Such fertility ________________.
As a Factor of Production, the Elasticity of Supply of Land from the viewpoint of the entire economy is ______________.
Which category of land is rent-less land?
Which of these is an example of Land as a Factor of Production?
High yielding variety seeds (HYV) were introduced to Indian farmers to bring about the ________.
Which is a non-farm activity?
Jowar and Bajra are _______.
In Economics, the term "land" includes all that which is available free of cost from 'nature' as a gift to human beings.
The term "land" refers to _________.
In the initial stages, the man paid no price for the land acquired by him.
Supply of land is not fixed in quantity.
All lands are equally fertile.
The degree of richness of mineral wealth varies from place to place.
An entrepreneur is a person who starts an entreprise. He searches for change and responds to it.
The entrepreneur conceives the idea of a particular business which suits his nature, skill, and resources.
An entrepreneur is a creator of wealth.
An entrepreneur must possess good negotiating skills.
Entrepreneurs create an atmosphere of enthusiasm and convey a sense of purpose.
Which is the most essential function of an entrepreneur?
Which of the following includes entrepreneurs cost of production?
I. Wages of labour
II. Interest of capital
III. Cost of raw materials
IV. Depreciation of capital goods
The cost of entrepreneur as a factor of production is _______.
Which factor of production brings together the other factors of production to produce economic goods and services?
An entrepreneur takes the responsibility of _________.