Which one of the following statements is false?
| A. | Normally, a price demand curve slopes downward from left to right. |
| B. | Economies of scale and economies of scope are the same. |
| C. | For optimization, equality between marginal cost and marginal revenue is a necessary condition but it is not a sufficient one. |
| D. | Law of variable proportions denotes input-output relationship during short-run. |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
