According to the principle of diminishing returns,if all factors of production but one are held constant and if that one factor is doubled,then eventually output will most likely
A) double too.
B) less than double.
C) more than double.
D) none of the above

Question

Quizplus · Accepted Answer

According to the principle of diminishing returns, as we keep increasing one factor of production (in this case, doubling it), there comes a point where the marginal product of that factor starts to decrease. This means that the increase in output becomes less than proportional to the increase in the factor of production. So, if all other factors of production but one are held constant and that one factor is doubled, then eventually output will most likely less than double due to the diminishing returns.

According to the Principle of Diminishing Returns,if All Factors of Production