Diminishing Returns Occur When the

question 73

Multiple Choice

Diminishing returns occur when the

• A)marginal product of an input is positive.
• B)marginal product of an input is zero.
• C)marginal product of an input is decreasing.
• D)total product of an input is zero.
• E)total product of an input is negative.

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Definitions:

Without Replacement

A sampling method where each selected unit or item is not returned to the pool of potential selections for subsequent draws.

Finite Population

A set of elements or observations that is fixed and countable, often contrasted with an infinite population in statistical analysis.

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Individuals who have completed a bachelor's degree and are pursuing further education at the master's or doctoral level.

Archaeological Dig

An excavation site where archaeologists uncover remains from the past to study historical contexts and human activity.