The firm can attain its equilibrium in ____ stage of the law of variable proportion.

CA Foundation · Business Economics · MTP · June 2024
The firm can attain its equilibrium in ____ stage of the law of variable proportion.
(A) A. 1st
(B) B. 2nd
(C) C. 3rd
(D) D. Any of the above

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 2nd

Topics: Theory of Production and Cost

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic