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what are the causes of applicability of low of returns to factor


renu kaushik 22nd Jan, 2021
Answer (1)
Shruti Smaranika 22nd Jan, 2021

Hello aspirant,

These are the important points that leads to the main causes of applicability of law of returns to factor-

  • Elastic Supply
  • Innovation
  • Less Impact of nature
  • Labour Division
  • Large scale economies
  • More use of machinery

Hope, this answer helps you.

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