Question
the output rises at an increasing rate in the first stage of law of diminishing marginal returns due to 1. excess plant capacity, 2. division
the output rises at an increasing rate in the first stage of law of diminishing marginal returns due to
1. excess plant capacity,
2. division and specialisation of labour,
3. both a and b,
4. none of the above
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Principles Of Economics
Authors: Robert H. Frank, Ben Bernanke Professor, Kate Antonovics, Ori Heffetz
6th Edition
0078021855, 9780078021855
