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Economics
MEDIUM
ENGLISH
Economics
According the law of diminishing returns ?
The marginal product fall as more units of a variable factor are added to a fixed factor
Correct answer
B
Marginal utility falls as more unity of a product are consumed
Option B
C
The total product falls as more units of a variable factor are added to a fixed factor
Option C
D
The marginal product increases as more units of a variable factor are added to a fixed factor
Option D
Correct answer: A
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