labourers are employed the firm produces 136 units of output. Then the marginal product is ---
A) 120
B) 136
C) 6
D) 16
Correct Answer:
Verified
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
Q12: The solution to diminishing returns to scale
Q13: Which one of the following is not
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
Q18: Demand varies ------------- with price.
A)directly
B)positively
C)inversely
D)none of the
Q19: When Q = f (P), the elasticity
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