Question

in the short run which of the following statements describe the presents of diminishing return?

Answer 1

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In the short run, the law of diminishing returns states that as we add more units of a variable input to fixed amounts of land and capital, the change in total output will at first rise and then fall. Diminishing returns to labour occurs when marginal product of labour starts to fall.

Answer 2

Step-by-step explanation:

diminishing diminishing returns to labours when marginal product of labour start falling