menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 49
  4. Exam
    Exam 6: Inputs and Production Functions
  5. Question
    The Law of Diminishing Marginal Returns States That as the Use
Solved

The Law of Diminishing Marginal Returns States That as the Use

Question 106

Question 106

True/False

The law of diminishing marginal returns states that as the use of all inputs increases, the marginal product of the inputs eventually declines.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q98: When a production function can be

Q99: Let a firm's production function be

Q100: The labor requirements function is derived from:<br>A)the

Q101: Which one of these is false

Q102: Let a firm's production function be

Q103: A type of production function that includes

Q104: The Cobb-Douglas production function is given

Q105: <span class="ql-formula" data-value="\begin{array} { | l |

Q107: For a simple graph of a production

Q108: Total product hill is:<br>A)A single line graph

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines