Which Production Function in the Figure Below Exhibits Diminishing Returns

question 255

Multiple Choice

Which production function in the figure below exhibits diminishing returns with respect to labor input?

• A) Production function A
• B) Production function B
• C) Production function C
• D) None of the production functions

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Definitions:

Tapering Shape

Describes an object or structure that gradually diminishes in size or thickness toward one end, often seen in design and architecture.

Mycenaean Palace Plan

The architectural layout of palaces in Mycenaean Greece, characterized by a central court and symmetrical rooms.

Megaron

The large reception hall and throne room in a Mycenaean palace, fronted by an open, two-columned porch.

Dromos

An ancient Greek term for an entranceway or avenue leading to a public building, temple, or tomb, typically lined with sphinxes or sculptures.