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Unit 8: Laws of Production




          Answers: Self Assessment                                                              Notes

          1.   maximum                           2.  negative

          3.   second                            4.  third
          5.   increasing and decreasing         6.   fall off
          7.   less                              8.  technical
          9.   increasing                        10.  increased

          8.7 Further Readings




           Books      Dr. Atmanand, Managerial Economics, Excel Books, Delhi.
                      H.Craig Patersen, Managerial Economics, Prentice Hall.
                      Samuel Bowles, Microeconomics: Behavior, Institutions and Evolution, Oxford.

                      Sampat Mukherjee, Microeconomics, Prentice Hall.


          Online links   ingrimayne.com/econ/TheFirm/ProductionFunct.html

                      faculty.lebow.drexel.edu/McCainR/top/Prin/txt/MPCh/fi rm4a.html
                      http://www.docshare.com/doc/211217/PRODUCER-EQUILIBRIUM











































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