The law of diminishing marginal returns states that
A) output decreases at a constant rate as more capital is added.
B) output increases at a constant rate as more capital is added.
C) as both labor and capital are increased, output does not change.
D) output increases at a decreasing rate as more capital is added.
E) as both labor and capital are increased, output increases at a decreasing rate.
Correct Answer:
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