Q1307
Which of the following statement is correct?
A.
Law of variable proportion will not apply, if there is an improvement in the technology
AnswerB.
Product obtained from the additional factor of production is termed as average product
C.
If marginal product goes on increasing it should be understood that the law of constant returns is applying
D.
Modern economies have propounded the law of increasing return
Answer: Option A
Solution
Answer: Option A
No explanation is given for this question Let's Discuss on Board