Diminishing returns to an input occur:
A)when all inputs are fixed.
B)when some inputs are fixed and some are variable.
C)when all inputs are variable.
D)only when there are no fixed inputs.

Question

Quizplus · Accepted Answer

Diminishing returns to an input occur when some inputs are fixed and some are variable. As more of the variable input is added, the output may increase at first, but will eventually increase at a diminishing rate due to the fixed input.

Diminishing Returns to an Input Occur