_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.
A) Law of diminishing marginal product B) Law of variable proportions C) The Short Run D) The Long Run
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Answer:
A) Law of diminishing marginal product
Explanation:
the law of diminishing marginal utilitu stats that when product are introduced freshly the MU Of product increase in increasing rate after a time there was a situation when MU is on the higher level then its start falling become zero and then negative.
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Answer:
The answer is The law of variable proportions
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