MCQ
Choose the odd one out
- ✓Individual behaviour
- BFew large firms
- CGroup behaviour
- DPrice rigidity
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
| a) | $(\alpha+\beta)=1$ | 1) | Diminishing returns |
| b) | $(\alpha+\beta)<1$ | 2) | Cobb-Douglas |
| c) | $(\alpha+\beta)>1$ | 3) | Constant returns |
| d) | $Q =A L ^\alpha K ^\beta$ | 4) | Increasing returns |
| a) | Laws of returns to scale | Short run | |
| b) | Laws of variable proportion | Long run | |
| c) | Mp | $\frac{\Delta AP }{\Delta N }$ | |
| d) | Q | f(N. L, K, T) |