Get premium membership and access questions with answers, video lessons as well as revision papers.

State the principle of substitution.

      

State the principle of substitution.

  

Answers


Kavungya
It states that if output is constant, it is profitable to substitute one input factor for another so long as it is cheaper than the one being substituted
Kavungya answered the question on June 14, 2019 at 06:37


Next: State how per capita income of a country is calculated
Previous: What name do you give the two regions where the farmer should not operate?

View More Agriculture Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions