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.
More Biology Science Questions
25639 – 5252 – 3232 = ?
800 + 900 X (3)-2 - ? = 25 X 60 ÷ 2
In the question, two Quantities I and II are given. You have to solve both the Quantity to establish the correct relation between Quantity-I and Quantit...
? + 156 ÷ 3 × 7 = 35% of 400 + (13)2
? = 20% of 1200 + 256
- What will come in the place of question mark (?) in the given expression?
?² = 28% of 35% of 4500 (72 + 30) ÷ 6 + [{75 ÷ 25) + 6} × 2] = ?
Find the value of 16 x [(8 - 5) of 12 ÷ 4].
12.232 + 29.98% of 539.99 = ? × 5.99