Question

What is the reason for increasing returns at the beginning and the negative returns at the end? Explain with a suitable schedule.​

Answer 1

Explanation:

Step-by-step explanation:

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Its main reasons are under-stated:

1. Economies of Large Scale: Initially, as we employ more and more units of variable factors with fixed factors, productivity of both the factors increases. ...
2. Elastic Supply: ...
3. Division of Labour: ...
4. More Use of Machinery: ...
5. Innovation: ...
6. Less Impact of Nature: ...
7. Man is Supreme

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