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Author Question: Diminishing marginal returns implies (Read 42 times)

lak

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on: May 25, 2020

Question 1

The Law of Diminishing Returns applies when
◦ all inputs are fixed.
◦ all inputs can be varied.
◦ one or more inputs are held fixed while the quantity of one input is increased.
◦ none of the above.

Question 2

Diminishing marginal returns implies
◦ increasing marginal costs.
◦ decreasing average variable costs.
◦ decreasing average fixed costs.
◦ decreasing marginal costs.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by lak on May 25, 2020

wilsonbho

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lak

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

upturnedfurball

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Reply 3 on: Yesterday
Excellent

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