Table 2.3 -The Firm Depicted in Table 2.3 Is Facing Diminishing Returns

question 48

Multiple Choice

Table 2.3
-The firm depicted in Table 2.3 is facing diminishing returns because

• A) capital and labor are both fixed.
• B) capital and labor are both variable.
• C) capital is fixed.
• D) the number of workers can only be increased to 5.