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Production and cost — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsProduction and cost1 Mark
Question
Give the meaning of increasing return to a factor.
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Answer

Increasing return to a factor occurs when Total Physical Product (TPP) increases at an increasing rate, i.e. Marginal Physical Product (MPP) rises.

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