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In which stage is the rational decision possible? - Economics

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प्रश्न

In which stage is the rational decision possible?

अति संक्षिप्त उत्तर
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उत्तर

Since neither stage I nor stage III will see production, the second stage makes the most sense. Therefore, when there is maximum efficiency, the decision favours II. Since TP is a constant, it is rising.

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अध्याय 10: Concept of Production and Law of Returns - TEST QUESTIONS [पृष्ठ १०.२४]

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आर. के. लेखी और पी. के. धर Economics [English] Class 12 ISC
अध्याय 10 Concept of Production and Law of Returns
TEST QUESTIONS | Q A. 6. | पृष्ठ १०.२४
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