Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.
1). Law of diminishing marginal product
2). Law of variable proportions
3). The Short Run
4). The Long Run

ECONOMICS

All Replies

Viewing 1 replies (of 1 total)

Viewing 1 replies (of 1 total)

  • You must be logged in to reply to this topic.