According to the law of diminishing returns, along the aggregate production function, an additional unit of

Question

Quizplus · Accepted Answer

The law of diminishing returns states that as additional units of a variable input (such as labor) are added to a fixed input (such as capital), the marginal product of the variable input will eventually decrease. Therefore, each additional unit of labor produces less output than the previous unit. This is why choice D is the best answer.

According to the Law of Diminishing Returns, Along the Aggregate