Multiple Choice
The law of diminishing marginal returns occurs because
A) the marginal product of a variable input, such as labour, depends in part on the amount of fixed inputs, such as capital.
B) the marginal product of an additional worker is greater than the marginal product of the previous worker.
C) total production decreases as more of the variable inputs are used.
D) adding more and more workers leads to a decrease in the quantity of capital.
Correct Answer:

Verified
Correct Answer:
Verified
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