Q47 In the long run, the law of diminishing marginal returns... a. Sometimes holds, depending on the production process. b. Does not hold because technology varies. c. Is exactly the same as in the...

Q47

In the long run, the law of diminishing marginal returns...

Sometimes holds, depending on the production process.

Does not hold because technology varies.

Is exactly the same as in the short run.

Does hold, regardless of the production process.

Is not relevant because there are no fixed factors of production.

Jun 09, 2022

Get Answer To This Question