The law of diminishing returns indicates that the marginal physical product of a factor declines as more:

Question

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The law of diminishing returns states that if one factor of production (input) is increased while other factors are held constant, the output per unit of the variable factor will eventually diminish. This means that adding more of one input, while keeping others constant, will at some point yield lower increments of output.

The Law of Diminishing Returns Indicates That the Marginal Physical