a
fixed inputs of production.
b
variable factors of production.
c
plants and machinery of the firm.
d
equipment and other capital.
Explanation
Correct Option
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beautymacp
7 months ago
The law of diminishing returns is applicable to the variable factors of production. This means that as you increase the amount of one variable input (like labor), while keeping other inputs constant (like machinery), the additional output produced from each additional unit of input will eventually decrease.
