The solution to diminishing returns to scale is :
A) technical progress
B) expansion of resources
C) proper combination or resources
D) all of the above
Correct Answer:
Verified
Q7: Total product reaches at maximum when
A)mp is
Q8: Returns to scale refers to the production
Q9: In the case of diminishing returns to
Q10: Increasing returns to scale occurs due to
A)division
Q11: The cause for diminishing returns to scale
Q13: Which one of the following is not
Q14: labourers are employed the firm produces 136
Q15: Other things remaining the same, the quantity
Q16: Relation between price of a commodity and
Q17: When TU falls, MU is:
A)rises
B)zero
C)positive
D)negative
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents