Question

The 'law of diminishing marginal returns' refers to the general tendency for

Answer 1

Answer:

The law of diminishing returns states that as one input variable is increased, there is a point at which the marginal increase in output begins to decrease, holding all other inputs constant. At the point where the law sets in, the effectiveness of each additional unit of input decreases

Answer 2

the law of diminishing marginal returs refer to hte general tendency for the economics