WebAnswer- Correct option is 'B' False, because total output w …. View the full answer. Transcribed image text: Total output starts falling when diminishing returns occur. True, because total output will be going down when diminishing returns occurs. False, because total output will still be going up when diminishing returns occurs. WebExplain. A. Yes. If both inputs are inferior, then the isoquant is upward sloping. B. No. It would imply that adding more of both inputs keeps output constant. C. No. It would imply that adding more of both inputs decreases output. D. Yes. Where diminishing returns occur, the isoquant is upward sloping.
Solved You are given the following cost functions: TC =100 - Chegg
WebJan 11, 2024 · The law of diminishing returns depends on the concept of an optimal result. This is the idea that at a certain point all productive elements of a system are working at peak efficiency. You can't ... WebEconomics. Economics questions and answers. 1. diminishing returns occur when the a. total product of an input is an zerob. total product of an input isnnegative c. marginal product pf an input become negatived. marginal product of an input is falling2.a production function relatesa. output to variable inputs b. a fixed input to output c. smany.org
The Law of Diminishing Returns - Vedantu
WebFalls when there are diminishing returns. d. Is the change in the total cost when hiring one more factor of production. b. Is the change in total cost from producing one additional … WebDiminishing returns occur _____ Medium. View solution > The law of diminishing returns is a _____. Easy. View solution > Increasing marginal returns start to occur … WebIn economics, diminishing returns are the decrease in marginal (incremental) output of a production process as the amount of a single factor of production is incrementally increased, holding all other factors of … hilding anders alsace