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The principle of diminishing returns says that Select one: The cost of producing output will decrease in the long run The efficient level of fixed

The principle of diminishing returns says that Select one: The cost of producing output will decrease in the long run The efficient level of fixed inputs is determined by the amount of variable inputs used in production As more variable inputs are added to fixed inputs, at some point output starts to increase at a decreasing rate As more fixed inputs are used in production, the cost of variable inputs will fall

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