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Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour1 Mark
MCQ
When more and more units of a variable factor are combined with the fixed factor, the resulting law is called:
  • ✓
    Law of variable proportions.
  • B
    Law of increasing Returns to Scale.
  • C
    Law of Decreasing Return to Scale.
  • D
    Law of Constant Return Scale.
✓

Answer

Correct option: A.
Law of variable proportions.

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