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Loraine Loraine
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9 years ago
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.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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9 years ago
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8 years ago
My pleasure Happy Dummy
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