Answer to Question #224742 in Economics for Pabi

Question #224742

The law of diminishing marginal returns refers to the situation in which _______ eventually declines as more of the variable input is employed, given a certain amount of the fixed input.

A. marginal product

B. average cost

C. marginal cost

D. average revenue


1
Expert's answer
2021-08-26T11:31:53-0400

A. marginal product


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Comments

Zayaan Karbelkar
26.08.21, 01:19

answer is Marginal product

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