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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
State the different phases of change in the total product according to the Law of Variable Proportions. Use diagram
What are the different phases in the Law of Variable Proportions in terms of Total Product ? Give reasons behind each phase. Use diagram.
Explain the law of variable proportions with the help of a diagram.
Who said, that one of the key of an entrepreneur is “uncertainty bearing”.
Mention the economies reaped from inside the firm
Product obtained from additional factors of production is termed as
Define Marginal Product of a factor.
Bring out the Relationship among Total, Average and Marginal Products.
What are Average product?
What is marginal product?
Which stage of the Law of Variable proportions will be the best for the producer? Explain with a reason.
Which term describes the extra output from adding one more unit of labour in production?
What is the formula for calculating Average Product?
Why should businesses study the law of variable proportions?
