do you agree that an intelligent producer can avoid the occurance of dimnishing returns to a factor even with the new technology. Express your opinion, with the help of 'Law of Dimnishing returns'
Answers
Answered by
1
No. because everytime the conditions of negative returns cant be avoided. There will be a point when:
1. there will be inefficient use of resources,
2.or there will be limited fixed factors
3.or decrease in efficiency of variable factors.
Thus, as a result there will be negative returns to factor.
Similar questions
Hindi,
4 months ago
Geography,
4 months ago
Physics,
4 months ago
English,
9 months ago
Business Studies,
9 months ago
Social Sciences,
1 year ago