For most production function in the short-run output will ___________ if equal amounts of the variable input are added and all other inputs are held fixed.
A)Increase at a decreasing rate
B)Decrease at an increasing rate
C)Decrease
D)Increase

Question

Quizplus · Accepted Answer

In the short-run, due to the law of diminishing returns, adding equal amounts of a variable input to fixed inputs will initially increase output, but at a decreasing rate.

For Most Production Function in the Short-Run Output Will ___________