Q. According the law of diminishing returns: (Solved)
1. The marginal product of a variable factor eventually falls as more units of it are added to a fixed factor
2. Marginal utility falls as more units of a product are consumed
3. The total product falls as more units of a variable factor are added to a fixed factor
4. The marginal product eventually increases as more units of a variable factor are added to a fixed factor
- a. The marginal product of a variable factor eventually falls as more units of it are added to a fixed factor