Economics Multiple Choice Question – 14 October 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

At that amount of output where diminishing marginal returns first sets in ……..?

Select ONE answer:

  1. Average product will begin to decline.
  2. Total product will begin to decline.
  3. Marginal product will begin to decline.
  4. All of the above.

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS5 classes.

The answer is 3

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