The law of Diminishing returns is applicable to:

Related MCQs

• In the case of diminishing returns to scale, a given proportionate increase in all factors causes
• The cause for diminishing returns to scale is:
• The solution to diminishing returns to scale is :
• The law of diminishing marginal utility was popularized by:
• Returns to scale refers to the production function where
• Increasing returns to scale occurs due to
• Who wrote the article Laws of Returns Under Competitive Conditions?
• Law of variable proportions is concerned with
• 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