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Law of Diminishing return
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the law of diminishing returns to a factor is obse
Question:
The law of diminishing returns to a factor is observed when employment of additional units of a resource leads to
CUET (PG) - 2023
CUET (PG)
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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