McqMate
Q. |
Which of the following statements describes the presence of diminishing returns. Holding at least one factor constant ….... |
A. | The marginal product of a factor is positive and rising. |
B. | The marginal product of a factor is positive but falling. |
C. | The marginal product of a factor is falling and negative. |
D. | The marginal product of a factor is constant. |
Answer» B. The marginal product of a factor is positive but falling. |
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