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प्रश्न
Modern economists have propounded the law of
पर्याय
Increasing returns
decreasing returns
Constant returns
variable proportions
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उत्तर
Increasing returns
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संबंधित प्रश्न
State the behaviour of marginal product in the law of variable proportions. Explain the causes of this behaviour
What is the law of variable proportions?
Explain the law of variable proportions with the help of a diagram.
Formula for calculating AP is
Product obtained from additional factors of production is termed as
Define Marginal Product of a factor.
Which one of the following is NOT a ceteris paribus assumption of the Law of Supply?
When the Marginal Product turns negative, Total Product will ______.
Why is the AVC curve U-shaped?
At the point of inflexion, ______ is maximum.
With the help of a diagram, explain the relationship between Average Product and Total Product under the Law of Variable Proportions.
What are Average product?
What is marginal product?
Which term describes the extra output from adding one more unit of labour in production?
What happens to marginal product after a certain point, if more and more labour is added to fixed land?
What is the formula for calculating Average Product?
Why should businesses study the law of variable proportions?
