Read the following passage and answer questions which follow :
industrialization and growth

Choose Your Answer:

AInduced effect of output growth on capital accumulation

BImprovement in quality of capital due to new technology

CThe labour intensive sector will experience increasing returns will growth of output

DA shift from less productive to more productive sector will lead to a rise in the average product of labour

Eduncle Best Answer
Dynamic economies of scale do not include the labour intensive sector will experience increasing return with growth of outputs.

Likes(0) Reply(0)

Head Office :

MPA 44, 2nd floor, Rangbari main Road Mahaveer Nagar II, Kota (Raj.) - 324005

Mail: info@eduncle.com