- 39 The Law Of Diminishing Returns Assumes A There Are No Fixed Factors Of Production B There Are No Variable Factors 1 (9.93 KiB) Viewed 18 times
39. The law of diminishing returns assumes: A. There are no fixed factors of production B. There are no variable factors
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39. The law of diminishing returns assumes: A. There are no fixed factors of production B. There are no variable factors
39. The law of diminishing returns assumes: A. There are no fixed factors of production B. There are no variable factors of production C. Utility is maximized when marginal product falls D. Some factors of production are fixed