Question
The law of diminishing marginal returns means that, as you increase the number of units of a variable input, after some point Group of answer
The law of diminishing marginal returns means that, as you increase the number of units of a variable input, after some point
Group of answer choices
a. Total output will fall.
b. Costs of production will fall.
c. Demand will fall.
d. Marginal output will fall.
e. Employment will fall.
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Microeconomics
Authors: David Besanko, Ronald Braeutigam
5th edition
1118572270, 978-1118799062, 1118799062, 978-1118572276
