Question:
The law of diminishing returns to a factor is observed when employment of additional units of a resource leads to
The law of diminishing returns to a factor is observed when employment of additional units of a resource leads to
Updated On: Mar 11, 2024
- A decline in total product
- A decline in average product
- A decline in marginal physical product
- A decline in marginal cost
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The Correct Option is C
Solution and Explanation
The correct option is(C): A decline in marginal physical product
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