UGC NET
Ayushi Asked a Question
June 30, 2020 8:41 pmpts 30 pts
  • UGC NET
  • Economics

Hat is not correct regarding aasumptions of adding-up problem ? (1) (3) 27 (2 (4) risk-free static economy constant returns to scale applicable in the short-run

hat is not correct regarding aasumptions of adding-up problem ? (1) (3) 27 (2 (4) Risk-free static economy Constant returns to scale Applicable in the short-run Perfect competition (1) (2 (3) sftrafreT (4) 28. The marginal revenue productivity of a labour for a firm expressesS () Marginal cost of a labour (2 13) (41 Marginal wage Demand for labour of a firm Increase in the marginal productivity of a labour 1) (2 54zA4. PLEASE TELL THESE QUESTIONS
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  • Nidhi taparia thankyou
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  • Nidhi taparia thankyou
    The wrong assumption among these is number (2). Adding up problem pertains to long run, and not short run. The adding-up problem is more popularly known as the product exhaustion ...
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