A. law of returns to scale
B. law of diminishing returns
C. factors of productions
D. technology
Correct Answer: Option B
B. law of diminishing returns
Explanation
Law of diminishing returns also known as law of variable proportion is used to determine. The shape of the PPF.
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…