Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Get expert answers to your questions quickly and accurately from our dedicated community of professionals. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

The law of diminishing marginal returns holds for a situation in which Group of answer choices all inputs are variable. all inputs are fixed. some inputs are variable and some inputs are fixed. all inputs are increased in the same proportion.

Sagot :

Lanuel

The law of diminishing marginal returns holds for a situation in which some inputs are variable and some inputs are fixed.

What is the law of diminishing marginal returns?

The law of diminishing marginal returns states that after some optimal level of capacity is reached in a production process, an additional factor of production would result in a lessening of output (quantity of production).

In this context, we can infer and logically deduce that the law of diminishing marginal returns would only hold for an economic situation in which some inputs are variable and some inputs are fixed.

Read more on diminishing marginal returns here: https://brainly.com/question/13767400

#SPJ1

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.