Law of variable proportions is concerned with

Related MCQs

• The ‘point of inflection’ come in which stage of the law of variable proportions
• A rational producer will select his level of production in which stage of the law of variable proportions
• The problem of allocation of resources is concerned with:
• If the income elasticity of demand for a commodity is found to be 0.4, then the commodity concerned is:
• The variable cost of a firm vary in direct proportion to the
• When output is zero, variable cost is --------
• National income is a --------variable.
• The law of Diminishing returns is applicable to:
• Which of the following is an exception to the law of demand?
• The law of diminishing marginal utility was popularized by: