According to the law of diminishing returns,
A)Some productions factors are fixed
B)All inputs are variable
C)All inputs are fixed
D)None of the above

Question

Quizplus · Accepted Answer

The law of diminishing returns states that as more units of a variable input are added to a fixed input, the marginal product of the variable input will eventually decline. This implies that some production factors are fixed, while others are variable. Therefore, choice A is the best answer.

According to the Law of Diminishing Returns