The law of diminishing marginal returns explains:

Question

Quizplus · Accepted Answer

The law of diminishing marginal returns states that when additional units of a variable input are added to a fixed input, the marginal product of the variable input will eventually decrease. This corresponds to the rising part of the marginal cost curve, as it becomes more expensive to produce each additional unit of output as the marginal product of the variable input falls. Therefore, the best choice is D as it directly relates to the law of diminishing marginal returns.

The Law of Diminishing Marginal Returns Explains