The Law of Diminishing Marginal Returns Holds That The

Multiple Choice

The law of diminishing marginal returns holds that the:

A) marginal product of any variable factor of production will eventually decline, assuming the quantities of other factors of production are given.
B) total product of any variable factor of production will eventually decline, all other things unchanged.
C) total product can only increase so long, because factors of production eventually become tired or wear out.
D) marginal product of any variable factor of production will at some point decline, because it will eventually become burdened with an excess and overwhelming abundance of other factors in the long run.