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MICROECONOMICS CH : 7 PRODUCTION FUNTION AND RETURNS TO A FACTOR — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 7 PRODUCTION FUNTION AND RETURNS TO A FACTOR1 Mark
MCQ
In the context of long run production function, factor ratio is:
  • A
    variable
  • ✓
    constant
  • C
    variable as well as constant
  • D
    none of these
✓

Answer

Correct option: B.
constant
(b)

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