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

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).
BR is not appropriate reason of (A).
CA and R are not related with each other.
DA is independent of (R).

Answer & Explanation

Answer: Option [A]

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