At that amount of output where diminishing marginal returns first sets in ……..?
Select ONE answer:
- Average product will begin to decline.
- Total product will begin to decline.
- Marginal product will begin to decline.
- 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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