Question
Which law of Economics states that the profit from a
limited amount of variable input is maximized when that input is used in such a way that marginal return from that input is equal in all the enterprises?Solution
Law of Equimarginal returns states that the profit from a limited amount of variable input is maximized when that input is used in such a way that marginal return from that input is equal in all the enterprises. This law is concerned with the allocation of the limited amount of resource among different enterprises.
40, 56, 85, 129, 190, 268
18Â Â Â Â Â 45 Â Â Â Â Â 90 Â Â Â Â Â Â 235Â Â Â Â Â 450 Â Â Â Â Â 1125 Â Â Â Â Â 2250
...Find the Wrong number in the given number series.
29, 76, 123, 166, 209, 256125, 142, 199, 320, 489, 778
- Find the wrong number in the given number series.
3, 10, 22, 39, 61, 88 Find the wrong number in the given number series.
4, 9, 19, 39, 69, 159
42, 61, 78, 93, 102, 109
420Â Â Â Â 342Â Â Â Â Â 272Â Â Â Â Â 212Â Â Â Â Â 156Â Â Â Â 110
...16, 36, 128, 768, 6144, 61440
12, 220, 322, 376, 402, 415
Relevant for Exams:
