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
×
×