Match List-I with List-II
| List–I | List–II |
|---|---|
| (A) A proportional increase in all inputs results in an increase in output by a smaller proportion | (I) Constant returns to scale |
| (B) A proportional increase in all inputs results in an increase in output by a larger proportion | (II) Law of variable proportions |
| (C) A proportional increase in all inputs results in an increase in output by the same proportion | (III) Decreasing Returns to Scale |
| (D) Factor proportions change as long as one factor is held constant and the other factors increases | (IV) Increasing Returns to Scale |
Choose the correct answer from the options given below:
Held on 14 May 2025 · Verified 13 Jul 2026.
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
(A) - (I), (B) - (II), (C) - (IV), (D) - (III)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
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