VAE-0021
QUESTION
In the production function, Zone II is?
OPTIONS
(A) Semi rational
(B) Irrational
(C) Rational
(D) All of the above
ANSWER
(C) Rational
EXPLANATION
Zone II of a production function is the economically rational stage of production because marginal product remains positive while resources are used within a technically meaningful range. Zone I is considered irrational because the fixed resource is underutilized, and Zone III is irrational because marginal product becomes negative. Hence, option (C), rational, is correct.
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Veterinary and Animal Husbandry Extension Education · 104 Questions
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