Question

    The way total output changes due to change in all inputs

    in same proportion is known as law of;
    A Returns to scale Correct Answer Incorrect Answer
    B Diminishing returns Correct Answer Incorrect Answer
    C Increasing returns Correct Answer Incorrect Answer
    D Constant returns Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The way total output changes due to change in all inputs in the same proportion is known as “law of return to scale”.

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