Question

    MPP>APP, EP >1 and MR>MC are true for which stage of

    production?
    A Stage- I Correct Answer Incorrect Answer
    B Stage-II Correct Answer Incorrect Answer
    C Stage-III Correct Answer Incorrect Answer
    D At the end of stage II Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Stage-I is an irrational stage of production. MPP>APP, EP >1, MR>MC all are true for stage I. 

    Practice Next