Question No. 29
• Law of return applies to firms
working in
Answer
A. Perfect competition
B. Monopoly
C. Small firm
D. All kinds of market situations
Answers
Answered by
1
Answer:
D. All kinds of market situations
Answered by
0
Answer:
HI FRIEND
ANSWER-
ALL KINDS OF MARKET SITUATIONS
Explanation:
Law of return applies to firms working in all kinds of market situations. A firm's production function could exhibit different types of returns to scale in different ranges of output.
HOPE THIS HELPS YOU
BYE
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