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O;f"V vFkZ'kkL=k osQ fl¼kar




                    uksV                                            fp=k 10-10

                                                               Y



                                                             20
                                                            Capital  18  E 1  E
                                                             10

                                                                                IQ (100)
                                                              0                         X
                                                                   10 15  20  30
                                                                       Labour

                                  vr,o ge dg ldrs gSa] fd tSls gh Je dh dher esa o`f¼ gksrh gS] rc iw¡th lkis{kr;k lLrh gks tkrh
                                  gS] izfrLFkkiu dk fl¼kar bl izdkj ykxw gksrk gS fd Je osQ fy, iw¡th dk izfrLFkkiu gksrk gSA tc fdlh
                                  Hkh lkèku dh dher esa ifjorZu gksrk gS rc lkèkuksa osQ iqjkus la;ksx dk mRiknu djuk eg¡xk cSBrk gS ;k
                                  voqQ'ky (Inefficient) gksrk gSA

                                  10-12 foLrkj iFk (Expansion Path)

                                  ;fn iQeZ osQ foÙkh; lkèkuksa esa o`f¼ gksrh gS rks og mRiknu dh ek=kk dks c<+kuk pkgsxhA mRiknu dh ek=kk
                                  esa o`f¼ rHkh gks ldrh gS rc foÙkh; lkèkuksa osQ c<+us ls lkèkuksa dh dher vkSj ykxr esa dksbZ o`f¼ ugha gksrhA
                                  iQeZ osQ foÙkh; lkèku c<+us ij mlosQ oqQy mRiknu dk Lrj c<+rk gS rFkk iQeZ lkèkuksa osQ fofHkUu la;ksxksa
                                  dk iz;ksx djosQ fofHkUu Lrjksa ij mRiknu dj ldrh gSA mRiknu osQ fofHkUu Lrjksa ij iQeZ lkèkuksa osQ dkSu
                                  ls b"Vre la;ksxksa dk iz;ksx djsxh] ;g foLrkj iFk (Expansion Path) }kjk Kkr gksrk gSA foLrkj iFk
                                  mu lHkh fcanqvksa osQ fcanq iFk dks crykrk gS tks mRiknu osQ fofHkUu Lrjksa osQ vuqlkj lkèkuksa osQ U;wure
                                  ykxr la;ksx dks n'kkZrk gSA  (Expansion path refers to the locus of all such points that shows
                                  least cost combination of factors corresponding to different levels of output.) vU; 'kCnksa
                                  esa] foLrkj iFk ls ;g Kkr gksrk gS fd tc iQeZ vius mRiknu osQ iSekus dk foLrkj djrh gS rc og lkèkuksa
                                  osQ ,d b"Vre la;ksx ls nwljs dkSu&ls b"Vre la;ksx dk iz;ksx djrh gSA pw¡fd iQeZ dk foLrkj mRiknu osQ
                                  iSekus ij vkèkkfjr gksrk gS] blfy, foLrkj iFk dks Lrj js[kk (Scale Line) Hkh dgk tkrk gSA

                                                                    fp=k 10-11

                                                             Y Long Run Expansion Path
                                                                                P
                                                            G    IQ 2
                                                                IQ 1
                                                            C
                                                           Capital  A  IQ
                                                               IQ
                                                                     E 1 E 2
                                                                    E       300
                                                                           200
                                                                          100
                                                            O                      X
                                                                        B  D H
                                                                      Labour



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