New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    In Production function curve, which stage starts when AP and MP intersect each other and E is equal to 1?

    A Stage 1 Correct Answer Incorrect Answer
    B Stage 2 Correct Answer Incorrect Answer
    C Stage 3 Correct Answer Incorrect Answer
    D Both A and B Correct Answer Incorrect Answer
    E Both A and C Correct Answer Incorrect Answer

    Solution

    Stage 2 starts when AP and MP intersect each other and E is equal to 1 as shown in figure below:

    Practice Next