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Management · Q259

Managerial Economics

Graduate and Post Graduate · Management · question 259

Q259

When all the productive services are increased in a given proportion, the product is increased in the same proportion. This situ ation is called

A.
Variable cost
B.
Situation of Constant Returns
Answer
C.
Fixed cost
D.
Law of Increasing Returns

Answer: Option B

Solution

Answer: Option B
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