In general, increasing marginal returns occur
A) as output expands at low levels of production.
B) through the entire range of production.
C) as output expands at high levels of production.
D) whenever the slope of the total product curve is positive.

Question

Quizplus · Accepted Answer

Increasing marginal returns occur at low levels of production when adding an additional factor of production results in a larger increase in output.

In General, Increasing Marginal Returns Occur