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

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsProduction and cost1 Mark
Question
Increasing returns is applicable because of ___________.
  1. Increased efficiency of variable factor.
  2. Fuller utilisation of fixed factor.
  3. Indivisibility of factors.
  4. Both (a) and (b).
✓

Answer

  1. Both (a) and (b).

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