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Ceteris paribus, the law of diminishing returns states that beyond some point, the Addition to total utility diminishes as more units of a good are
Ceteris paribus, the law of diminishing returns states that beyond some point, the Addition to total utility diminishes as more units of a good are consumed. Marginal physical product of a factor of production diminishes as more of that factor is used. None of the Answers are Correct. Returns on stocks and bonds diminish with higher security prices. Output of any good increases as more of a variable input is used
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