Question
Which law states that the profit from a limited amount
of variable input is maximized when that input is used in such a way that marginal return from that input is equal in all the enterprises?Solution
Law of Equimarginal returns states that the profit from a limited amount of variable input is maximized when that input is used in such a way that marginal return from that input is equal in all the enterprises. This law is concerned with the allocation of the limited amount of resource among different enterprises.
Who has been appointed as the chief selector of the Indian men's cricket team?
Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY)aimed at providing each person who is covered under the National Food Security Act 2013 with an additiona...
Which of the following is NOT one of the STARS states represented in the workshop?
What significant action did the Supreme Court direct the Centre to undertake following the split verdict on the environmental release of genetically mod...
India joined an exclusive group of countries that include United States, China, and Japan after its market capitalisation (m-cap) hit the $4 trillion ma...
Where are the original manuscripts of the Bhagavad Gita and Natyashastra preserved?
By which date is the Telangana government aiming to roll out the Bhu Bharati portal across the state?
Which of the following companies was not granted Navratna status in 2024?
'Dance to Decarbonise' event was recently organised by which ministry?
ISRO's third and final RLV Landing Experiment (RLV LEX) will involve which unmanned prototype?
Relevant for Exams:
