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The Law of Diminishing Marginal Returns Says That

Question 22

Multiple Choice

The law of diminishing marginal returns says that


A) total product will eventually remain constant as more of an input is added to production
B) total revenue decreases as output increases,holding technology fixed
C) marginal product eventually falls as more of an input is employed
D) the quantity demanded of a good decreases as its price rises
E) utility falls as more of a good is consumed

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