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Table 2.3 -The Firm Depicted in Table 2.3 Is Facing Diminishing Returns

Question 48

Multiple Choice

Table 2.3 -The firm depicted in Table 2.3 is facing diminishing returns because A) capital and labor are both fixed. B) capital and labor are both variable. C) capital is fixed. D) the number of workers can only be increased to 5.
Table 2.3
-The firm depicted in Table 2.3 is facing diminishing returns because


A) capital and labor are both fixed.
B) capital and labor are both variable.
C) capital is fixed.
D) the number of workers can only be increased to 5.

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