Solved

Diminishing Returns to Capital Are a Consequence of Firms' Incentives

Question 27

Multiple Choice

Diminishing returns to capital are a consequence of firms' incentives to use each piece of capital as productively as possible and illustrate the


A) principle of comparative advantage.
B) principle of increasing opportunity costs.
C) scarcity principle.
D) equilibrium principle.
E) cost-benefit principlE.

Correct Answer:

verifed

Verified

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

Related Questions