Economy, asked by emohan3813, 1 year ago

How does law of diminishing returns afftect marginal cost?

Answers

Answered by shivam0070

0

Explanation:

Diminishing returns to labour occurs when marginal product of labour starts to fall. This means that total output will be increasing at a decreasing rate. ... The law of diminishing returns implies that marginal cost will rise as output increases. Eventually, rising marginal cost will lead to a rise in average total cost

Answered by shubham1063

0

Answer:

marginal cost will increase as output increase.........

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