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creativ13 [48]
2 years ago
5

The law of ______ returns states that as successive units of a variable resource are added to a fixed resource, beyond some poin

t, the marginal product will decline.
Business
1 answer:
gladu [14]2 years ago
4 0

The law of Diminishing returns states that as successive units of a variable resource are added to a fixed resource, beyond some point, the marginal product will decline.

<h3>What is the law of Diminishing returns?</h3>

The law of diminishing returns explains that when an investment in a particular area increases there will be a stop at the rate of profit from that investment, after a certain point.

Learn more about the law of Diminishing returns at brainly.com/question/17169713

#SPJ1

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