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प्रश्न
Who said, that one of the key of an entrepreneur is “uncertainty bearing”.
विकल्प
J.B.Clark
Schumpeter
Knight
Adam Smith
उत्तर
Knight
APPEARS IN
संबंधित प्रश्न
State the different phases of change in the total product according to the Law of Variable Proportions. Use diagram
What are the different phases in the Law of Variable Proportions in terms of Total Product ? Give reasons behind each phase. Use diagram.
What is the law of variable proportions?
Answer the following question.
Explain the law of variable proportions with the help of a diagram.
Formula for calculating AP is
The short-run production is studied through
Mention the economies reaped from inside the firm
Product obtained from additional factors of production is termed as
Modern economists have propounded the law of
Define Marginal Product of a factor.
With the help of a diagram, explain the relationship between Average Product and Total Product under the Law of Variable Proportions.
What are Average product?
With the help of a suitable diagram, discuss the relationship between Average product and Marginal Product.
Which stage of the Law of Variable proportions will be the best for the producer? Explain with a reason.
