Study the three tables given below — Table-1 Table-2 Table-3 Input-X Input-Y Input-X Input-Y Input-X Input-Y 1 20 1 10 1 20 2 10 2 10 2 16 3 4 3 10 3 8 Which of the above tables is showing fixed factor proportions —
CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · December 2013
Study the three tables given below — Table-1 Table-2 Table-3 Input-X Input-Y Input-X Input-Y Input-X Input-Y 1 20 1 10 1 20 2 10 2 10 2 16 3 4 3 10 3 8 Which of the above tables is showing fixed factor proportions —
Answer & Explanation:
Correct Answer: Option (D)
Correct answer: (D) None of the above.. None of the three tables keeps Input-Y/Input-X constant; a constant value of Y alone does not imply fixed proportions.
Topics: Business Economics
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