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Commerce · Q1336

Economics

Graduate and Post Graduate · Commerce · question 1336

Q1336

Find out from the following table by which law the firm is working- Units of input Total production 1 10 2 25 Law of increasing returns 3 50 4 85 5 135 6 135 Origin parity rule 7 130 Law of diminishing returns

Find out from the following table by which law the firm is working-
Units of input Total production
1 10
2 25 Law of increasing returns
3 50
4 85
5 135
6 135 Origin parity rule
7 130 Law of diminishing returns
A.
Law of diminishing returns
B.
Law of constant returns
C.
Law of increasing returns
Answer
D.
All of the above

Answer: Option C

Solution

Answer: Option C
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