Diminishing return occurs in short run when there is a reduction in the

Economics

WAEC 1996

A. Average product of the fixed factor
B. Total product of the variable factor
C. Total product of the fixed factor
D. Marginal product of the variable factor
E. Marginal product of the fixed factor

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Correct Answer: Option D

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Diminishing return occurs in short run when there is a reduction in the

Correct Answer: Option D

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