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  • 15-11-2021
  • English
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In what phase Increasing returns to a factor lies?
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Respuesta :

Аноним Аноним
  • 15-11-2021

Answer:

In 1 Phase

When there is increasing returns to a factor, TP increases at increasing rate and MP also rises

Due to

  • Better Utilization of fixed factor

  • Increased Efficiency of Variable factor
Answer Link
Аноним Аноним
  • 16-11-2021

Answer:

Phase 1 : Increasing Returns to factor : Tp increase at increases rate and Mp also rises

Answer Link

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