4257EconomicsMedium
According the law of diminishing returns?
AThe total product falls as more units of a variable factor are added to a fixed factor
BThe marginal product fall as more units of a variable factor are added to a fixed factor
CMarginal utility falls as more unity of a product are consumed
DThe marginal product increases as more units of a variable factor are added to a fixed factor
Correct answer
B. The marginal product fall as more units of a variable factor are added to a fixed factor
Explanation
The correct answer is The marginal product fall as more units of a variable factor are added to a fixed factor.