The law of diminishing returns is a production principle


The law of diminishing returns is a production principle; hence it has nothing to do with the cost curves. Is this statement true? Why?

Solution Preview :

Prepared by a verified Expert
Microeconomics: The law of diminishing returns is a production principle
Reference No:- TGS01377296

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)