Economics · Production Function
Regarding variable proportions with one variable input (holding other inputs constant), the standard Cobb-Douglas production function exhibits which law of variable proportions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Increasing marginal returns to a factor
- 2Diminishing marginal returns to a factor✓
- 3Constant returns to scale
- 4Increasing returns to scale
Correct answer
Diminishing marginal returns to a factor
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Production Function MCQs →Want more practice questions on Production Function?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Production Function