Question : Production function explains the relationship between:

Option 1: initial inputs and ultimate output

Option 2: input and ultimate consumption

Option 3: output and consumption

Option 4: output and exports

Question : ________ of an input is defined as the change in output per unit of change in the input when all other inputs are held constant.

Option 1: Marginal product

Option 2: Production function

Option 3: Total product

Option 4: Average product

Question : What does BIOS stand for ?

Option 1: Basic Internal Output System

Option 2: Basic Intra Operating System

Option 3: Basic Internal Organ System

Option 4: Basic Input Output System

Question : ____ is defined as the output per unit of variable input.

Option 1: Marginal product

Option 2: Production function

Option 3: Total product

Option 4: Average product

Question : Direction: Which one of the given responses is the meaningful order of the following?

1. Infancy     2. Adult      3. Puberty       4. Childhood

Option 1: 1, 2, 3, 4

Option 2: 1, 4, 2, 3

Option 3: 1, 3, 4, 2

Option 4: 1, 4, 3, 2