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Loraine Loraine
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8 years ago
A reason a nation faces diminishing returns along a production function is because
A) unemployment always exists.
B) potential GDP is fixed.
C) the quantity of physical capital is fixed.
D) full employment is not possible.
E) the wage rate is fixed while moving along the production function.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
Don't mention it Happy Dummy
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