Practice free →
Home › Bihar Board Class 12 (Arts) › Economics › Producer Behaviour and Supply › Returns to scale arise when all inputs are chang…

Returns to scale arise when all inputs are changed in what manner?

ABy the same proportion
BBy different proportions
COne input at a time
DOnly the fixed inputs
Answer & Solution
Correct answer: A. By the same proportion
Returns to scale describe the output response when every input is scaled up by the same factor, which is possible only in the long run.
Solve this in the app — Bihar Board Class 12 (Arts) practice & 24k+ MCQs →
Related questions