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MMLU / The Law of Diminishing Marginal Returns is responsible for

Problem

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question

The Law of Diminishing Marginal Returns is responsible for

choices

  1. AVC that first rises, but eventually falls, as output increases.
  2. AFC that first rises, but eventually falls, as output increases.
  3. MP that first falls, but eventually rises, as output increases.
  4. MC that first falls, but eventually rises, as output increases.

subject

high_school_microeconomics

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Source and history

Official source

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