CA CPT 2014 Dec Question Paper General Economics for online practice

Question : 15 of 50

Marks: +1, -0

In case of law of variable proportions, diminishing returns occur.

When units of a variable input are added to a fixed input and total product falls
When units of a variable input are added to a fixed input and marginal product falls
When the size of the plant is increased in the long run.
When the quantity of the fixed input is increased and returns to the variable input falls.

Go to Question:

Prev Question

Next Question