Question

on which assumption does the law of diminishing returns depends answer​

Answer 1

First of all, the law is based on the assumption that there is no change in the techniques of production. If the techniques of production undergo a change, in that case the efficiency of production would increase. Therefore, this law applies only if there is no change in the method of technology.

Answer 2

Answer:

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Assumption of law of diminishing returns is that the technology remains unchanged.

Explanation: