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15. According to the law of diminishing marginal product, which of the following statements is correct? A) output does not change even if labor increases.

15. According to the law of diminishing marginal product, which of the following statements is correct? A) output does not change even if labor increases. B) output doubles when the amounts of labor double while capital is held constant. C) outputtripleswhentheamountsoflabordoublewhilecapitalisheldconstant. D) None of the above statements are correct

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