When a firm enters the law of diminishing returns to scale

Related MCQs

• In question No. 127 the firm enter diminishing returns to scale from -----labour hours
• The law of diminishing returns applies in…………….
• In the short run, diminishing marginal returns is implied by
• TVC curve begins to……….with the onset of diminishing returns
• In question No. 127 the firm remains in the stage of increasing returns to scale up to level of labour hours
• In question No. 127 the firm remains in the stage of constant returns to scale upto level of labour hours
• Law of returns to scale applies when………
• If a firm is operating at any point inside the PPF, the firm is
• If a firm shut down at a level when AVC > Price, the firm restricts its losses to
• In a pure monopoly firm a firm can make abnormal profit at the long run equilibrium level due to