The law of diminishing marginal returns means that as you increase the number of units of a variable input,after some point ________ will fall.
A) total output
B) costs of production
C) demand
D) marginal output
E) employment

Question

Quizplus · Accepted Answer

The law of diminishing marginal returns states that as more units of a variable input (like labor) are added to fixed inputs (like capital), the additional output (marginal output) from each new unit of input will eventually decrease.

The Law of Diminishing Marginal Returns Means That as You