Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:
Name the point in law of variable proportion from where onwards TP increases but only at diminishing rate?
Options:
point of saturation
point of inflexion
point of improvement
point of optimisation
Correct Answer:
point of inflexion
Explanation:
Before this point TP increases at increasing rate.