Economy, asked by aryanv4516, 1 year ago

production curve is highest when the marginal production is

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Answered by Anonymous
3
 <marquee>☺☺Hi there☺☺</marquee>

The law of diminishing marginal returns applies regardless of whether the production function exhibits increasing, decreasing or constant returns to scale. The key factor is that the variable input is being changed while all other factors of production are being held constant

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