Question
Which law 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.
Which of the following is the correct full form of CAS, in the context of mutual funds and securities?
Consider a market with a few dominant firms that sell differentiated products and engage in strategic pricing behavior. These firms often react to each ...
An autocratic leadership style is best suited in which of the following situations?
A. The leader possesses specialized knowledge or expertise.
Which of the following is NOT a correctly matched strategy to mitigate the given risk?
Current rate of interest equalization under Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, for MSME Manufacturer Exporters ...
What is the authorized capital of CCIL IFSC Limited?
Which Act provides the legal framework for asset reconstruction companies in India?
RBI has mandated the Legal Entity Identifier (LEI) code as a key measure to improve the quality and accuracy of financial data systems for better risk m...
Which department or role is typically responsible for maintaining bin card?
The Banking which offers all types of financial products like banking, insurance, mutual funds, capital market related products, investment products, an...
