Practice free →
Home › Bihar Board Class 12 (Arts) › Economics › Producer Behaviour and Supply › All inputs rise 10% and output rises only 6%. Wh…

All inputs rise 10% and output rises only 6%. What holds?

ADecreasing returns
BIncreasing returns
CConstant returns
DVariable proportions
Answer & Solution
Correct answer: A. Decreasing returns
A less-than-proportionate output response defines decreasing returns to scale.
Solve this in the app — Bihar Board Class 12 (Arts) practice & 24k+ MCQs →
Related questions