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Question Practice

When does a production function exhibit increasing returns to scale?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

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

When does a production functio...

Single Answer MCQ
Q-00089487

When does a production function exhibit increasing returns to scale?

1

When output increases by a lesser proportion than inputs

2

When output increases by the same proportion as inputs

3

When output increases by a greater proportion than inputs

4

When there are no diminishing returns

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Q3.

Which production function exhibits increasing returns to scale?

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Q4.

What is the marginal product of labor (MPL)?

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