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.
- Select the most appropriate synonym of the given word.
Ponder Select the most appropriate synonym of the given word.
Succinct
Certain crimes must be swiftly prosecuted and beyond any doubt denounced.
Select the most appropriate synonym of the given word
STRENGTH
My favourite candidate gave up before the contest was even closed.
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Profuse
Pick a word opposite in meaning to Lackadaisical .
India was ranked 81st among 118 countries in 2017 Global Index of Talent Competitiveness (GTI) list.
- Choose the word opposite in meaning to the bold word.
Turbulent There has been a serious kerfuffle in the news about the buttons and their relative size.
