Question 13

Diminishing return occurs in short run when there is a reduction in the

  • A.Average product of the fixed factor
  • B.Total product of the variable factor
  • C.Total product of the fixed factor
  • D.Marginal product of the variable factor
  • E.Marginal product of the fixed factor
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1996
Question no.
#13
Type
Objective

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