Q1321
Returns to scale involve variations in the quantities of the various factors of production 1. Simultaneously 2. Proportionately
A.
Both 1 and 2 are correct
B.
1 is correct, but 2 is incorrect
C.
1 is incorrect, but 2 is correct
AnswerD.
Neither 1 nor 2
Answer: Option C
Solution
Answer: Option C
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