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The marginal product curve is inverseU shaped. The marginal product of an input initially increases and then after a certain level of employment, it starts decreases.
• On 7th January 2019, the government of India approved a 10 per cent reservation for economically backward upper castes in government jobs and education.
• The Constitution (103 Amendment) Act, 2019 received the assent of the President on 12th January 2019.
• The Act amends Articles 15 and 16 of the Constitution, by adding a clause which allows states to make "special provision for the advancement of any economically weaker sections of citizens".
* Government launched the Beti Bachao Beti Padhao (BBBP) on 22nd January, 2015 at Panipat in Haryana.
* It is a tri-ministerial effort of Ministries of Women and Child Development, Health & Family Welfare and Human Resource Development.
Cost price is 600.
MRP = Rs 800
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