Multiple Choice
The idea that the more any given resource is applied to production,the lower the marginal gain in output,until a point is reached where the additional inputs produce no additional output,is referred to as:
A) the point of no return.
B) the law of diminishing returns.
C) supply and demand.
D) network inelasticity.
E) virtual economics.
Correct Answer:
Verified
Correct Answer:
Verified
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