Economy, asked by ayush2881, 1 year ago

Dimnishing return to a factor always lead to fall in total product.​

Answers

Answered by Anonymous
4

__________HEY MATE_________

False,this is beacause a situation of diminishing return to a factor marginal product tends to fall.Falling marginal product implies that total product should be increasing, though at diminishing rate.It simply implies definition slope of TP curve, not diminishing TP.

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Answered by aastha4865
0

Answer: Fall in marginal product affects the total output in the following two manners: When marginal product falls, but remains positive, total product increases at a diminishing rate. When marginal product falls and become zero, total product falls in its absolute terms.

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