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28 Nov 2020
The law of diminishing returns describes the:
A) profit-maximizing position of a firm.
B) relationship between resource inputs and product outputs in the short run.
C) relationship between resource inputs and product outputs in the long run.
D) relationship between total costs and total revenues.
The law of diminishing returns describes the:
A) profit-maximizing position of a firm.
B) relationship between resource inputs and product outputs in the short run.
C) relationship between resource inputs and product outputs in the long run.
D) relationship between total costs and total revenues.
Mahe AlamLv10
18 Jan 2021