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Aaron Johnson
on Oct 12, 2024

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The law of diminishing returns predicts that

A) total output will fall.
B) marginal output will fall.
C) total output will rise.
D) marginal output will rise.

Law Of Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if all other variables remain at a constant.

Marginal Output

The additional quantity of a product that is produced from using one more unit of an input, keeping other inputs constant.

  • Gain insight into the theory and impact of the law of diminishing returns in various fields.
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Kaylee BeasleyOct 13, 2024
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