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MMLU / If, for each additional unit of a variable input, the increases in output become…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

If, for each additional unit of a variable input, the increases in output become smaller, which of the following correctly identifies the concept?

choices

  1. Diminishing marginal productivity.
  2. Diminishing marginal utility.
  3. Increasing marginal utility.
  4. Increasing marginal productivity.

subject

high_school_microeconomics

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Source and history

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