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Business, 24.06.2021 22:40 Savagepanda911

Ceteris paribus, the law of diminishing returns states that beyond some point, the:. a. Marginal product of a factor of production diminishes as more of it is employed with a given quantity of other inputs
b. Output of any good increases as more of a variable input is used
c. Returns on stocks and bonds diminish with higher security prices
d. Addition to total utility diminishes as more units of a good are consumed

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