Tag: land,labour, capital and entrepreneur
Questions Related to land,labour, capital and entrepreneur
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 ___________.
Which factor of production brings together the other factors of production in order to produce economic goods and services?
Which of the following quality is attributable to social entrepreneurs ?