The decreasing slope of a production function reflects

A) diminishing returns.
B) rising unemployment.
C) decreasing costs.
D) increasing aggregate demand.

A

Economics

You might also like to view...

An increase in the government budget deficit will not lead to a current account deficit if domestic investment declines

Indicate whether the statement is true or false

Economics

Explain why a government may select an inefficient allocation

What will be an ideal response?

Economics