A rational producer will select his level of production in which stage of the law of variable proportions

Related MCQs

• The ‘point of inflection’ come in which stage of the law of variable proportions
• Law of variable proportions is concerned with
• The variable cost of a firm vary in direct proportion to the
• When output is zero, variable cost is --------
• National income is a --------variable.
• Which of the following is an exception to the law of demand?
• Which of the following is the reason for law of demand:
• The term production refers to:
• Production and consumption takes place simultaneously in the case of
• The choice of techniques of production is related to the problem of