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6 Oct 2020
Diminishing returns occur because
A. A firm increases the amount of a variable input without changing a fixed input.
B. Of the use of inferior factors of production.
C. Of inefficiency in the production process.
D. Of lower opportunity costs of the factors of production.
Diminishing returns occur because
A. A firm increases the amount of a variable input without changing a fixed input.
B. Of the use of inferior factors of production.
C. Of inefficiency in the production process.
D. Of lower opportunity costs of the factors of production.
Sonal BahlLv10
11 Nov 2020