The Law of Diminishing Returns Shows That, in the Short

question 49

Multiple Choice

The law of diminishing returns shows that, in the short run, _____.

• A) productivity and costs change at the same rate
• B) productivity changes in proportion to changes in fixed costs
• C) as the marginal product of labour falls, variable costs rise
• D) changes in productivity do not affect changes in costs

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Definitions:

Detergent

A chemical compound used to remove dirt and grease, commonly used in cleaning processes due to its surfactant properties.

Ratchet

Locking mechanism of an instrument.

Locking Mechanism

A device or feature designed to prevent the operation or movement of a piece of machinery or equipment until it is unlocked.

Towels Dressings

Absorbent materials, such as towels, used for covering and protecting wounds to absorb discharge and facilitate healing.