The law of diminishing returns is applicable to the

By: |Published on: Mar 28|Categories: Economics WAEC| 0 comments

A. fixed inputs of production.
B. variable factors of production.
C. plants and machinery of the firm.
D. equipment and other capital.

Correct Answer:

Option B = variable factors of production.

Users Also Read These:

SEE ALSO  The magnitude of the national income of a country depends on all the following except the?

Copyright warnings! Do not copy.