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29 May, 00:07

The law of diminishing returns is often used to analyze the ideal amount of which factor of production?

a. Capital

b. Land

c. Entrepreneurship

d. Labor

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  1. 29 May, 01:11
    0
    D. The law of diminishing returns analyzes the amount of utility or production that will be gained by adding additional units of some factor into a project or activity. Additional units of labor are understood to produce diminishing levels of output over the same time period.
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