The law of diminishing returns implies that, with the quantity of capital fixed, as the use of labor rises
A) total product will fall eventually.
B) the marginal product of labor will fall eventually.
C) the total product of labor will fall below the marginal product of labor.
D) the production process will become technologically inefficient eventually.

Question

Quizplus · Accepted Answer

The law of diminishing returns states that if one factor of production (like labor) is increased while other factors (like capital) are held constant, the additional output (marginal product) from each additional unit of labor will eventually decrease.

The Law of Diminishing Returns Implies That, with the Quantity