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hiusy98 hiusy98
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7 years ago
Diminishing marginal returns occur when:
A) units of a variable input are added to a fixed input and total product falls.
B) units of a variable input are added to a fixed input and marginal product falls.
C) the size of the plant is increased in the long run.
D) the quantity of the fixed input is increased and returns to the variable input fall.
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Economics for Managers

Economics for Managers


Edition: 3rd
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andyborziandyborzi
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7 years ago
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hiusy98 Author
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7 years ago
This course was so challenging before I signed up here, thanks
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