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Agriculture · Q366

Agricultural Economics

Graduate and Post Graduate · Agriculture · question 366

Q366

Which one of the following economic principles helps a farmer to allocate his limited resources to two different enterprises?

A.
The law of variable proportions
B.
The law of comparative advantage
C.
The principles of fixed and variable cost
D.
The law of equimarginal returns
Answer

Answer: Option D

Solution

Answer: Option D
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