Question 1
Both MPL and MPK are constant
MPL is increasing but MPK is constant
MPL is decreasing and MPK is constant
Both MPL and MPK are decreasing
Both MPL and MPK are constant
MPL is increasing but MPK is constant
MPL is decreasing and MPK is constant
Both MPL and MPK are decreasing
Correct answer
Both MPL and MPK are decreasing
Question 1 of 22 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 1 paper sat on 19 Jul 2026, in the May 2026 term (Managerial Economics 16 Jul 26). It carries 1 mark.