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Production and cost — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost1 Mark
MCQ
Law of variable proportion is valid when $......$
  • ✓
    Atleast one input is fixed and all other inputs are kept variable.
  • B
    All factors are kept constant.
  • C
    All inputs are varied in the same proportion.
  • D
    None of the above.
✓

Answer

Correct option: A.
Atleast one input is fixed and all other inputs are kept variable.

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