Assertion (A): As the proportion of one variable factor in a combination with fixed factor is increased, after a point the marginal product of the factor will diminish. Reason (R): Beyond the level of optimum combination of inputs leads to this.

[A] R is appropriate reason of (A).

[B]R is not appropriate reason of (A).

[C]A and R are not related with each other.

[D]A is independent of (R).

Answer & Explanation
Answer: Option [A]

Commerce - CBSE UGC NET Previous Years Solved Question with Answers Paper II, June 2013