Law of variable proportion applies…………….

Related MCQs

• Law of returns to scale applies when………
• The law of diminishing returns applies in…………….
• Variable cost is also known as
• The slope of total variable cost curve equals……………..
• Total variable cost curve is explained by
• Marginal cost can be equal to Average variable cost when
• When the price is less than the average variable cost, the firm should ………….
• The law of indifference is/are also know by-
• When a firm enters the law of diminishing returns to scale
• Under law of supply, ceteris paribus is