Match the following: Column I Co

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Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:

Match the following:

Column I	Column II
1. When AP is maximum	a. Production Function
2. When AP rises	b. MP= AP
3. Technical relation between inputs and Outputs	c. MP>AP
4. Return to a factor	d. Law of Variable Proportion

Options:

1-b, 2-c, 3-a, 4-d

1-c, 2-b, 3-a, 4-d

1-c, 2-b, 3-d, 4-a

1-a, 2-b, 3-c, 4-d

Correct Answer:

1-b, 2-c, 3-a, 4-d

Explanation:

The correct answer is Option 1: 1-b, 2-c, 3-a, 4-d

Column I	Column II
1. When AP is maximum	b. MP= AP
2. When AP rises	c. MP>AP
3. Technical relation between inputs and Outputs	a. Production Function
4. Return to a factor	d. Law of Variable Proportion

The Law of Variable Proportions explains how output changes when one input is varied while others remain fixed.