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amanda lozano
on Oct 12, 2024

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If marginal output is rising it is possible to have

A) diminishing returns.
B) negative returns.
C) both diminishing returns and negative returns.
D) neither diminishing returns nor negative returns.

Diminishing Returns

An economic principle stating that adding an additional factor of production results in smaller increases in output after a certain point.

Marginal Output

The additional quantity of output that is produced by using one more unit of a given input.

Negative Returns

Occurs when a company or investment loses more money than it earns or when costs exceed revenues.

  • Acquire insight into the law of diminishing returns and how it impacts production and cost considerations.
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Dakota HackneyOct 13, 2024
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