Economy, asked by prinkathami035, 6 months ago

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 Anonymous
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.

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