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jesshalavi jesshalavi
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A year ago


Short description: A graph plots fertilizer applied per acre of wheat against yield per acre in tonnes. Long description: The horizontal axis representing fertilizer applied per acre of wheat ranges from 0 to 80, in increments of 10. The vertical axis representing yield per acre in tonnes ranges from 0 to 6, in increments of 1. The graph shows a curve that passes through the following points: A (10, 2.5), B (30, 4.8), and C (60, 6.2). A vertical dashed line is drawn from the points to meet the horizontal axis. Note: all values are approximate.

FIGURE 2-4

Refer to Figure 2-4. The functional relation shown between fertilizer applied and wheat yield can be described as a



▸ constant marginal response.

▸ increasing partial response.

▸ diminishing marginal response.

▸ decreasing total response.

▸ increasing marginal response.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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slmseuf1105slmseuf1105
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