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Table 2.4 -The Firm Depicted in Table 2.4 Is Likely to Face

Question 38

Multiple Choice

   Table 2.4 -The firm depicted in Table 2.4 is likely to face diminishing returns because A)  the amount of fertilizer can only be increased to 5. B)  land and fertilizer are both fixed. C)  land and fertilizer are both variable. D)  land is fixed but fertilizer is variable.
Table 2.4
-The firm depicted in Table 2.4 is likely to face diminishing returns because


A) the amount of fertilizer can only be increased to 5.
B) land and fertilizer are both fixed.
C) land and fertilizer are both variable.
D) land is fixed but fertilizer is variable.

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