![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
In the case of diminishing returns to scale, a given proportionate increase in all factors causes |
A. | A more than proportionate increase in output |
B. | An equal proportionate increase in output |
C. | A less than proportionate increase in output |
D. | None of the above |
Answer» C. A less than proportionate increase in output |
View all MCQs in
General Economics 1No comments yet