MCAER PG CET 2026 AGRIL ECONOMICS AND EXTENSION EDUCATION QUIZ

 

MCAER PG CET 2026 – Agril Economics & Extension Education

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1. The law of diminishing marginal returns states that:

Output increases indefinitely Marginal product eventually declines as input increases Total product always declines Fixed cost increases

2. Opportunity cost refers to: (PYQ MCAER 2023)

Total production cost Cost of next best alternative foregone Variable cost Fixed cost

3. Elasticity of demand measures:

Change in supply Responsiveness of demand to price change Change in production Farm income

4. Break-even point occurs when:

Total cost > Total revenue Total revenue > Total cost Total revenue = Total cost Profit is maximum

5. The main objective of agricultural extension is: (PYQ MCAER 2022)

Increase farm taxes Transfer of technology to farmers Reduce crop yield Promote imports

6. The concept of diffusion of innovations was developed by:

Rogers Schultz Keynes Marshall

7. Marketable surplus means: (PYQ MCAER 2021)

Total production Production kept for family consumption Quantity available for sale after meeting family needs Imported quantity

8. Which extension teaching method involves group participation?

Farm publication Method demonstration Result demonstration Radio broadcast

9. Cost concept including both fixed and variable cost is: (PYQ MCAER 2020)

Cost A Cost B Cost C Cost D

10. Adoption stage where farmer first hears about innovation:

Awareness Interest Evaluation Trial