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Question Practice

At what point does the marginal product begin to decline according to the law of variable proportions?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Production And Costs
Question Bank

At what point does the margina...

Single Answer MCQ
Q-00103513

At what point does the marginal product begin to decline according to the law of variable proportions?

1

When total product reaches its maximum

2

When the inputs become excessively crowded

3

When all factors are variable

4

When fixed inputs are also varied

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