Were it not for the law of diminishing marginal returns,we could grow the world's food supply from a flowerpot.

Question

Quizplus · Accepted Answer

Given the current state of technology,the law of diminishing marginal returns limits the amount of additional output yielded from additional labor working the flowerpot.Revoking the "law" would allow output to increase at a non-decreasing rate when more labor is applied to the flowerpot.

Were It Not for the Law of Diminishing Marginal Returns,we