The diagram represents a production function. At which of the points does diminishing returns set in

AndyWMD

4 years ago

this is very wrong
point I and J can is increase in scale of return

point k is the saturation point

and L is the point at which the firm start experiencing decrease in total output, which can also be called diminishing returns

Adebajor95

9 years ago

the answer can never be J. diminishing returns set in when output start declining which is point K. please myschool effect this. Thanks

toluwanidaniel

1 year ago

The diagram is not still showing

daomigreat

1 year ago

please there is no diagram ooo

i_am_lampejay

2 years ago

After some more research....
Apparently this is a total product curve, if you draw the marginal curve, diminishing marginal returns sets in at point J, where total product is still increasing, but at a decreasing rate.