The marginal product of an input initially rises and then after a certain level of employment, it starts falling, thus MP curve looks like an inverse…
CUET UG 2025 — Economics Micro
The marginal product of an input initially rises and then after a certain level of employment, it starts falling, thus MP curve looks like an inverse 'U'- shaped curve. This condition is under ............
Held on 27 May 2025 · Verified 13 Jul 2026.
Options
- A
Decreasing Returns to Scale.
- B
Law of Variable Proportions.
- C
Increasing Returns to Scale.
- D
Constant Returns to Scale.
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