Diminishing returns to a homogeneous inflow in the short run are due to: A. In diminishing returns
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Question:
Diminishing returns to a homogeneous inflow in the short run are due to:
A. In diminishing returns to scale.
B. In the fact that some other inputs remain constant and thus the ratio between inputs changes.
C. In using less productive units of the variable input.
D. To increase the price of the variable input.
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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