The TP for the first 4 units of a variable factor is given below. Choose the correct alternative which shows Phase 1/ increasing returns to a factor.
a) 20, 45, 75, 110
b) 20, 45, 70, 95
c) 20, 40, 60, 80
d) 20, 35, 45, 50
Answers
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Answer:
b
Explanation:
as when we subtract 45 from 20 the answer is 25 and same is with every unit .
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