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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: The law of diminishing marginal returns states that
Post by: Loraine on Jun 21, 2015
The law of diminishing marginal returns states that
A) output increases at a constant rate as more capital is added.
B) output decreases at a constant rate as more capital is added.
C) as both labor and capital are increased, output does not change.
D) as both labor and capital are increased, output increases at a decreasing rate.
E) output increases at a decreasing rate as more capital is added.


Title: Re: The law of diminishing marginal returns states that
Post by: Smoooth on Jul 13, 2015
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Title: Re: The law of diminishing marginal returns states that
Post by: Smoooth on Aug 31, 2015
My pleasure :-]