Q. Diminishing marginal returns are most compatible with: (Solved)
1. Economies of scale.
2. Advantages from specialization.
3. Positively-sloped marginal cost curves
4. Depreciation of the capital stock.
- b. Advantages from specialization.
1. Economies of scale.
2. Advantages from specialization.
3. Positively-sloped marginal cost curves
4. Depreciation of the capital stock.