Use app×
Ask a Question
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE

What is meant by increasing returns to a variable factor?

← Prev Question Next Question →
0 votes
586 views
in Economics by (46.2k points)
closed by

What is meant by increasing returns to a variable factor?

Play Quiz Games with your School Friends. Click Here

1 Answer

+1 vote
by (49.5k points)
selected by
 
Best answer

When a firm increases only one variable factor of production keeping other factors unchanged and if the rate of change of output becomes more than that of the variable factor, we call it increasing returns to the variable factor.

← Prev Question Next Question →

Find MCQs & Mock Test

  1. JEE Main 2025 Test Series
  2. NEET Test Series
  3. Class 12 Chapterwise MCQ Test
  4. Class 11 Chapterwise Practice Test
  5. Class 10 Chapterwise MCQ Test
  6. Class 9 Chapterwise MCQ Test
  7. Class 8 Chapterwise MCQ Test
  8. Class 7 Chapterwise MCQ Test

Related questions

0 votes
1 answer
What is meant by increasing returns to a variable factor ?
asked Apr 20, 2019 in Economics by Bhawna (69.1k points)
0 votes
1 answer
Explain two causes of increasing returns to a factor.
asked Jun 27, 2020 in Economics by BhratJha (42.0k points)

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

User Contribution to Sarthaks eConnect
Managed by Sarthaks Digitizing India
...