Economy, asked by sonalikapandey2548, 10 months ago

What is the law of increasing production ?

Answers

Answered by Amarjeet207
0

Answer:

In economics, the law of increasing costs is a principle that states that once all factors of production (land, labor, capital) are at maximum output and efficiency, producing more will cost more than average. As production increases, the opportunity cost does as well.

Answered by LittleNaughtyBOY
1

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☆ The law of increasing costs is a principle that states that once all factors of production

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