Q751
Which one of the following statement is false?
A.
Normally, a price demand curve slopes downward from left to right
B.
Economies of scale and economies of scope are the same
AnswerC.
For optimisation, equality between marginal cost and marginal revenue is a necessary condition but it is not a sufficient one
D.
Law of variable proportions denotes input-output relationship during short run
Answer: Option B
Solution
Answer: Option B
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