The law of diminishing marginal productivity applies whenever:

Question

Quizplus · Accepted Answer

The law of diminishing marginal productivity states that if we increase one input while keeping other inputs constant, beyond a certain point, the additional output (marginal productivity) from the additional input will start to decrease. This does not necessarily apply when all inputs are increased or when output is increased for other reasons. It specifically relates to the scenario where only one input is increased.

The Law of Diminishing Marginal Productivity Applies Whenever