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Commerce · Q1063

Economics

Graduate and Post Graduate · Commerce · question 1063

Q1063

Assertion (A) As the proportion of one variable factor in a combination with fixed factor is increased, after a point the marginal product of the factor will diminish. Reason (R) Beyond the level of optimum combination of inputs leads to this.

A.
(R) is appropriate reason of (A)
Answer
B.
(R) is not appropriate reason of (A)
C.
(A) and (R) are not related with each other
D.
(A) is independent of (R)

Answer: Option A

Solution

Answer: Option A
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