Question
The way total output changes due to change in all inputs in same proportion is known as law of
Answer: Option B
Answer: (b)The way total output changes due to change in all inputs in the same proportion is known as “law of return to scale”.
Was this answer helpful ?
Answer: (b)The way total output changes due to change in all inputs in the same proportion is known as “law of return to scale”.
Was this answer helpful ?
More Questions on This Topic :
Question 4. Gilt-edged market means
....
Question 8. In India, inflation is measured by the :....
Question 9. If the average total cost is declining then....
Latest Videos
Latest Test Papers
Submit Solution