Ritu Gupta Solutions for Chapter: Theory of Production and Cost, Exercise 5: Law of Diminishing Returns
Author:Ritu Gupta
Ritu Gupta Business Economics and BCK Solutions for Exercise - Ritu Gupta Solutions for Chapter: Theory of Production and Cost, Exercise 5: Law of Diminishing Returns
Attempt the practice questions on Chapter 3: Theory of Production and Cost, Exercise 5: Law of Diminishing Returns with hints and solutions to strengthen your understanding. Business Economics & Business and Commercial Knowledge solutions are prepared by Experienced Embibe Experts.
Questions from Ritu Gupta Solutions for Chapter: Theory of Production and Cost, Exercise 5: Law of Diminishing Returns with Hints & Solutions
EASY
CA Foundation
IMPORTANT
A rational producer will produce in the stage in which marginal product is positive and :
EASY
CA Foundation
IMPORTANT
Diminishing marginal returns implies:
EASY
CA Foundation
IMPORTANT
The phenomenon of diminishing returns rests upon the _____ of the fixed factor:
EASY
CA Foundation
IMPORTANT
Law of diminishing returns is applicable in:
MEDIUM
CA Foundation
IMPORTANT
In the third of the three stages of production:
EASY
CA Foundation
IMPORTANT
Diminishing marginal returns implies
EASY
CA Foundation
IMPORTANT
The "law of diminishing returns" applies to
MEDIUM
CA Foundation
IMPORTANT
Diminishing returns occur:
