What is the economic principle called that states when one input remains fixed and additional units of a variable input are added, the marginal output of the variable input will eventually decrease?

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Explanation

The Law of Diminishing Returns explains that if one factor of production is held constant while other factors are increased, the additional output from the variable factors will eventually decline. This does not refer simply to marginal returns but specifically to the diminishing nature of those returns.

What is the economic principle called that states wh… — Agricultural economics | PakQuizHub