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List of top Economics Questions on Production and Supply asked in Bihar Board XII

In the given figure, the movement on the production possibility curve from Point A to Point B shows 

  • Bihar Board XII - 2025
  • Bihar Board XII
  • Economics
  • Production and Supply
How is technological progress a determinant of supply of a good by a firm? Explain.
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Economics
  • Production and Supply
What is the law of diminishing returns? Why does this law become operative?
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Economics
  • Production and Supply
When does production possibility curve shift to the right?
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Economics
  • Production and Supply
What will happen to MP (marginal product), when TP (total product) increases at an increasing rate?
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Economics
  • Production and Supply
What do you mean by fixed factors?
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Economics
  • Production and Supply
The cost which is never zero even when production is stopped is known as
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Economics
  • Production and Supply
The machine used by the firm is what type of input?
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Economics
  • Production and Supply
The shape of average product curve is
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Economics
  • Production and Supply
Which of the following statements about classical theory of employment is correct?
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Economics
  • Production and Supply