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Increase in total product always indicat...

Increase in total product always indicates that there are increasing returns to a factor.

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False: It is not necessary that the increase in total product always indicates that there are increasing returns to factor because when there are diminishing returns to factor, then also total product increases but at a diminishing rate.
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FULL MARKS-PRODUCTION-NCERT TEXTBOOK QUESTIONS SOLVED
  1. When there are diminishing returns to a factor, total product always d...

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  2. Total product will increase only when marginal product increases.

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  3. Increase in total product always indicates that there are increasing r...

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  4. When there are diminishing returns to a factor, marginal and total pro...

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  5. When there are diminishing returns to a factor, total product first in...

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  6. Total product always increases whether there is increasing returns or ...

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  7. If marginal product rises, average product must also rise.

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  8. If marginal product falls, average product must also fall.

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  9. If marginal product becomes negative, average product must also become...

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  10. Average product will increase only when marginal product increases. ...

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  11. Under diminishing returns to a factor, total product continues to incr...

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  12. State the behaviour of marginal product in the law of variable proport...

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  13. If diminishing marginal returns will set in after the very first unit ...

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  14. Explain the differences between variable factors and fixed factors.

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  15. Explain how is it possible for marginal product to fall while average ...

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  16. Assume the marginal product for a particular good is constant. Describ...

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  17. Comment on the following statement: "When average product and marginal...

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  18. Comment on the following statement: "Diminishing returns occur when to...

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  19. A farmer in Punjab transports wheat from the farm to a flour mill. Is ...

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  20. How can the productivity of Human resources be increased?

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