CUET Economics - Match the LIST-I with LIST-II | LIST-I | | LIST-II | |---|---|---| | A. Production function | I. | Additional Product with change in input. | | B. Marginal Product (MP) | II. | Marginal product first increases and then begins to fall. | | C. Law of variable proportions | III. | Change in output due to change in factors. | | D. Returns to Scale | IV. | Relationship between inputs used and output produced. | Choose the correct answer from the options given below: | PYQs + Solutions | AfterBoards