Question

State any two reasons behind the working of the law of dinishing marginal product

Answer 1

The law of diminishing marginal product is caused by the law of diminishing marginal returns. This, in turn, is caused by the fact that some inputs in a production process are fixed and some are variable. ... The law of diminishing marginal product is caused by the law of diminishing marginal returns.

Answer 2

Answer:

state the two reasons behind the making of diminishing marginal product